When Cities Go Bankrupt
Municipal failure is bad for creditors and unions, but potentially good for taxpayers.
Municipal failure is bad for creditors and unions, but potentially good for taxpayers.
Government still holds 200 million shares
With the central bank as the only legal buyer, sellers look elsewhere
Labor unions weigh their options in the courtroom and at the ballot box.
Those that are open actually do make money
But not so keen on entitlement cuts
President's counter-offer includes a change in position on taxes
Insulted the two politicians on twitter, calling one a "mental midget" and the other a "moron"
Nearly everyone knows someone who gets paid by the Pentagon. That's why it's so hard to cut.
A 75 percent tax rate on high-income earners has prompted an exodus of wealthy Frenchmen
Bloomberg's recently (and quite rightly) christened "Forbes 30 Under 30" superstar Josh Barro is inside my head. Or at least that's what the title of his recent post for The Ticker implies. But since he kindly didn't dig deeper in exploring the depths of our depraved "Hard-Money Advocate" Brains, let me clear up a few things.
This requires government permission?
Domestic manufacture is seeing a revival
Now retired, pulls in annual pension of $175,000, while working another job
Accused of telling some insiders about revenue problems at social media company, but not the general public
Predicting the next mayor of New York City, new Fed leadership, and who the Supreme Court will irritate most
Cheap natural gas has made its coal plants less competitive
The government excels in spending money on overhead costs
Progress is reportedly being made even as both sides remain mum on details
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