April 2010 - Posts

• The VAT's out of the bag

  Last week former Federal Reserve Bank chairman Paul Volcker — the man who tamed rampant inflation and lackluster currency after the 1970s — seemed to endorse a value-added tax (VAT) resolve the federal government’s current fiscal chaos. This may be ironic, Read More... Posted Tuesday, April 13, 2010 9:12 AM by REB | 0 Comments

• Back off, please

  Last week’s employment report is good news because it shows some improvement over the previous month’s report, or indeed over much of the data for the past two years. But, it’s qualified good news because it relies so much on the anomalous effects of Read More... Posted Tuesday, April 06, 2010 8:03 AM by REB | 0 Comments