The Radford Free Press – Page 384 – All life is problem solving.

Economics / bailouts, bank reform, banking, Brown-Kaufman, Geithner, Jamie Dimon, JP Morgan Chase /

Bank Reform Watch

May 6, 2010

As we speak the Senate is wading through a pile of amendments to the Dodd proposal for bank reform. Some of these have been passed already: things like raising the fees for FDIC insurance that the big banks pay, and the elimination of future taxpayer bailouts look set to be part of the ultimate package. […]

Economics / ADP Employment Report, ISM Business Conditions Index, jobs, unemployment /

Reasonable News: Jobs and Service Growth

May 6, 2010

Yes, the tone of the news is much better than it used to be. The last couple of days have produced reports on employment, claims for unemployment assistance, and for business activity in the non-manufacturing sector. All have been reasonable. Not treat, but reasonable. Yesterday’s report from ADP, the payroll servicing company, told us that […]

Economics / debt crisis, Euro, Greece, stock market /

Beware: Mad Greeks

May 6, 2010

I haven’t written about the Greek debt crisis largely because my focus here is the US economy, but it bears at least a mention. Especially in view of the violence of the opposition to the austerity programs the Greek government is having to implement in order to qualify for foreign aid. This is quite simple. […]

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