Tag Archives: U.S. Treasury

S&P downgrades U.S. credit rating for first time

Posted on August 6th, 2011

EXTRACT ONLY:  Standard and Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system. Lowering the nation’s rating to one notch below AAA, the credit rating company said [...]

Posted in Deficit Spending, Economy, Mitt Romney, National Debt, Solid Principles, Wall Street, Washington Post | Tagged as: , , , , , , , | Leave a comment

Obama’s Latest Monstrosity

Posted on July 21st, 2010

By:  John Berlau  The American Spectator  The 2,315 page Dodd-Frank financial regulation bill that President Obama will sign today should not be called “financial reform.” Instead the bill, which passed the Senate 60-39 last week when Massachusetts Senator Scott Brown joined Maine Senators Olympia Snowe and Susan Collins to grant cloture, should be called what [...]

Posted in Barack Obama, Business, Congress, Economy, Federal Reserve, Financial Reform, Sen. Scott Brown, Solid Principles, The American Spectator, U.S. Stock Market, Wall Street, Wall Street Journal | Tagged as: , , , , , , , , , , , , , | Leave a comment

Light At the End of the Bailout Tunnel

Posted on April 12th, 2010

  By DEBORAH SOLOMON WASHINGTON—The U.S. government’s rescue of wobbly companies and financial markets is starting to look far less expensive or long-lasting than once feared. As momentum grows at companies that looked like zombies just a few months ago to repay taxpayers for lifelines they got during the financial crisis, the projected cost of [...]

Posted in Business, Economy, Federal Reserve, Solid Principles, Wall Street, Wall Street Journal | Tagged as: , , , , , , , , , | Leave a comment

Obama, the Chicago Boys, and their 30 Billion Dollar Slush Fund

Posted on February 26th, 2010

By: Ed Lasky The Obama administration is seeking to exclude from federal oversight its new $30 billion dollar small-business lending program. Obama’s rhetoric about transparency during the campaign was as phony as his vow to end the era of lobbying (last year was that industry’s best year ever in Washington). David Cho writes in the [...]

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