News
CNBC | Republicans Will be to Blame if US defaults: Geithner
Treasury Secretary Timothy Geithner on Thursday told Republican lawmakers that they would shoulder the blame if the country got too close to defaulting on its debt and roiled markets worldwide by not approving a debt limit increase.
CNN: Money | Deficit debate may keep Fed on edge
Politicians have seen the light. Deficit cutting is their new found religion and stimulus is an eight-letter dirty word. But with the economy still looking a bit shaky in the near-term and new government spending pretty much now verboten, that means the Fed may have to do even more to ensure that growth doesn't grind to a halt.
ABC News | Is Gold the New Black? States Look to Bring Gold Standard Back
Utah is First State to Recognize Gold and Silver as Legal Tender; Inflation Worries Loom.
Reuters | Ireland gets thumbs-up from EU/IMF
A Moody's downgrade and growing speculation Greece may eventually restructure its debt took the shine off Ireland's thumbs up from the EU and the IMF on Friday for its efforts to claw its way back from crisis.
Bloomberg | Fed Policy Makers Differ Over Policy as Inflation Accelerates
Federal Reserve policy makers aired their differences over how to tackle accelerating inflation before a report showed the cost of living in the U.S. rose in March for a ninth consecutive month.
Econ Comments
Cato Institute | The Weak Dollar Problem
If the Fed is in denial about the inflation threat, it's blind to the possibility that the weak dollar is causing energy and food prices to surge
Blogs
The Economist | Piggybacking
While Germany is footing much of the bill for the euro-area bail-out, it may be saving its own banks too
