Is the Ten Year Going to 3%?

These two articles point in a bad direction:     China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.”  More...

CBO Report: OMG!

The Congressional Budget Office (CBO) is out with its annual report. It’s a blockbuster. This 165 page monster is filled with dozens of charts, graphs and detailed projections. It will be talked about for weeks. More...

Three of a Kind: On Death, Debt and Taxes

On the Debt Ceiling The Treasury Department emailed  its fans a blog entry setting out its position on extending the debt limit. The very fact that the Treasury Department feels the need to post blogs on this More...

Bernanke Spills his Guts

SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about “the real mess we’re in,” Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone More...