youtube.com - 3/25/2009
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'Economy In Too Much Debt'The Governor of the Bank of England, Mervyn King, has said the economy is saddled with so much debt there's not enough cash to fina...
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BoE Governor: No More Stimulus
Rolfe Winkler —
Like his counterpart on this side of the Atlantic, UK Prime Minister Gordon Brown has called for massive stimulus from all governments in order to jump start the world economy. The Governor of the Bank of England took the unusual step of criticizing the PM, insisting that Brown act with more caution in light of England’s exploding deficits. Times Online:
The Governor of the Bank of England laid bare tensions between Gordon Brown and the Treasury yesterday by warning that Britain could not afford a second economic stimulus in the Budget.
Mervyn King threw caution to the wind as he sided with Alistair Darling and the CBI against ...
BoE, tories oppose fiscal stimulus
Decline and Fall of Western Civilization —
on the heels of a failed gilt auction of potentially historic consequence, bank of england governor mervyn king attacked prime minister gordon brown for the profligacy of his labor government. via rolfe winkler and the times: The Governor of the Bank of England laid bare tensions between Gordon Brown and the Treasury yesterday by warning that Britain could not afford a second economic stimulus in the Budget. Mervyn King threw caution to the wind as he sided with Alistair Darling and the CBI against Downing Street in raising strong doubts over any prospect of another round of “significant fiscal expansion” next ...
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England go 1-up
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online.wsj.com 1/8/2009 — See Corrections and Amplifications below The Bank of England cuts its key rate by a half percentage point to 1.5%, the lowest level in the bank's 315-year history, marking the latest in global policy makers' efforts to fend off the threat of deep ...
Bank of England cuts interest rates by 50 bps
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8 January 2009
The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.5 percentage points to 1.5%. The world economy appears to be undergoing an ...
The Clunkers of New England
norris.blogs.nytimes.com 8/26/2009 — A per capita breakdown of how states benefited from the "cash for clunkers" program.
Cash In The Coffers & NO Debt!
valueinvestingnews.com 1/31/2009 — These seven diverse companies listed below seem to have this in common: plenty of cash...
Bagehot: Coming clean —
The Economist: Full print edition 3/26/2009
The Tories must choose between frankness and opacity on tax and spending AT FIRST it looked like a daring counter-attack that turned the tide of combat. George Osborne’s pledge in 2007 to raise the threshold for inheritance tax to GBP1m ($2m ...
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