The Radford Free Press – Page 349 – All life is problem solving.

Economics / bailouts, banking, interest rates, Ireland, Reagan, real estate /

Here We Go: More Austerity Nonsense

November 7, 2010

Allow me to rant a little: Sometimes you read a comment and just sigh out loud. What are we to do with ill informed media types who want to write a story rather than provide insight? In today’s New York Times there is an article proclaiming that Irish “debt woes” are raising wider fears about […]

Economics / Federal Reserve Board, fiscal policy, monetary policy, quantitative easing /

QE2 Backlash

November 5, 2010

Well I told you so. The rest of the world, or rather a vocal subset thereof, are making all sorts of interesting negative comments about our venerable QE2 which is scarcely a day old. Rarely has a policy action been so derided by our fellow global citizens. The Germans call it ludicrous, and the Chinese […]

Economics / jobs, Obama, unemployment /

Modest? Mediocre? Employment Numbers Disappoint

November 5, 2010

I suppose the good news in today’s employment report from the government is that the economy added 151,000 new jobs in October. That’s obviously better than losing jobs. But it was insufficient for the unemployment rate to decline, and so it remains stuck at an ugly 9.6%. The improvement in job creation we saw at […]

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