News
Market Watch | Supercommittee gridlock could hit your investments
The world is focused on Greece and Europe, but there’s another crisis brewing that we ought not overlook.
Econ Comments
WSJ | The Realtor Subsidy
...Realtors, like the rest of the housing-subsidy crowd, are working hard to get Congress to reinstate a $729,750 loan-limit for Fannie Mae and Freddie Mac guarantees.
Politico | CBO figures throw cold water on cuts-only approach
When all the brush is cleared, a new Congressional Budget Office report Tuesday shows that government spending flat-lined in the fiscal year that ended Sept. 30 — leading to a modest dip in the deficit, thanks to an estimated $141 billion increase in federal receipts.
WSJ | Europe's Entitlement Reckoning
Successive governments on the Continent, right and left, have financed generous entitlements with high taxes and towering piles of debt.
Project Syndicate | Europe’s Darkness at Noon
European Union leaders failed at their summit two weeks ago to produce anything of substance. China and Brazil are clearly reluctant to come to the rescue by providing a large injection of foreign cash. And the recent G-20 summit in Cannes produced no agreement on steps that might have helped to resolve the crisis.
