The White House urged Tim Geithner to stay in his post, and apparently they got their wish. But it seems calculated based as much on fitness for the job as on the inability to get a replacement nominee through Congress: Speculation from Washington to Wall Street has intensified because Mr.
Being outside of Washington I don’t get invited to all the cool confabs, but apparently I missed Nancy Pelosi saying that Democrats won’t lose hostage situations again. The theme of the meeting was reluctance to re-hash or second guess debt ceiling strategy and attempt to get people to focus attention
Stocks are down sharply today, as the reality of the global economic predicament begins to dawn on the investor class. But the bond market looks even worse, writes Paul Krugman: The US 10-year bond rate is now down to 2.5%. So much for those bond vigilantes. What this rate is
Mitt Romney is running a haplessly dishonest, but potentially effective general election campaign. I don’t know if he’s going to make it to the general election. But if he does, these are the types of messages you’re going to see. The ad is a little incoherent. It features an Ohio
The money in the Wisconsin recall races is bordering on obscene, as expected, and on both sides. We Are Wisconsin, the labor coalition, has raised close to $10 million for the recalls. And on the other end of the scale, the Club for Growth has put in about $3 to
Deals have apparently been reached on patent reform and trade agreements, two pieces of the this-won’t-create-jobs “jobs” agenda. But a third deal, which would avert the continued furlough of 74,000 Americans, has not yet been reached. The FAA remains in partial shutdown, with construction projects at airports all over the