Latest Comments

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • We are awash with our own resources of natural gas. That can be the primary fuel for generating electricity until efficient/affordable alternative energy sources are invented/developed.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • They could have adopted higher capital standards and lower leverage requirement a year ago. By implementing "fixes" a couple at a time you get to assess the impact and either avoid overreacting or causing unintended consequences worse than what you are trying to protect against.

• Tight-fisted mortgage lenders pressure home sales

  Fri Jan 27, 2012
  • As long as the banks and other mortgage lenders are under pressure from regulators and state/federal lawyers, they will continue to be conservative with their loan requirements. As the saying goes, you cannot play the game until you know the rules.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • Without those with wealth being willing to invest it, there would be no U.S. economy or jobs for the middle class. I would remind you that our Founding Fathers were part of the 1% of their day, mostly rich farmers and businessmen. Ever take a walk around Mt. Vernon or Monticello??

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • stone - I heard an interesting discussion on financial reform a few months back. What some felt is that we only really needed two key ingredients, strict guidelines on the amount of leverage allowed and capital requirements set higher than they were.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • What passes for universal healthcare in Europe is funded by a VAT. There is no such thing as a free lunch - the money must come from somewhere.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • Let me know when I can stop laughing. Politics has always been a rough and tumble profession.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • Often what the government does is intended to "help" those in the lower income brackets but ends up subverting the system and helping upper income groups more than anticipated. The Community Reinvestment Act was just one of these.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • Credit in an of itself is not bad. It is the lack of education and improper use of credit that creates the problem. A year or two ago I listened to an interview with a young woman just heading off to her Freshman year in college.

• Economist who foresaw '08 crash warns conflict with Iran could cause global recession

  Sat Jan 28, 2012
  • Europe, including Germany, gets more imports from China than does the U.S. Germany is doing well because they do a good job educating their youth AND they have an export based economy. They produce things with skilled workers in industries where they can compete globally.