austerity

Source: ThinkstockA report this week from the American Society of Civil Engineers shows just how bad the state of infrastructure in the United States is and how much spending is needed in the next...
Source: ThinkstockFor further evidence that the eurozone’s infatuation with austerity is not working, look no further than today’s announcement from Germany that the largest economy in Europe...
Source: ThinkstockWe recently wrote that shorting the Treasury bond market may very well be the next biggest short-sale trade since the subprime mortgage short. While rates have dipped a little in...
Source: ThinkstockMario Monti, who recently resigned his post as the prime minister of Italy, may be back again. For proponents of the current austerity plans, his return would be good news. The...
Earlier this morning we ran a piece showing that gun and ammunition sales have blasted off since the Newtown massacre. The reality is that gun, ammo and magazine sales went into an overdrive, and...
Source: thinkstockWe have warned after the Newtown massacre that more gun control efforts would be coming down the pipe. New York City’s Mayor Bloomberg has called on the President to lead in the...
Source: ThinkstockThe massacre in Newtown, Connecticut is being referred to as a tipping point for gun control in America. There is almost no way to discuss this subject without infuriating those who...
Source: thinkstockThe most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region’s finance ministers did not have any...
Source: thinkstockHold your hand up if you are just about as sick of hearing about Greece. The Greek people are being forced into more pain and the nation seems to need more and more money and more...
Source: thinkstockAs hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation’s parliament has voted through an extreme austerity budget that was to...
Source: ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was only...
Source: thinkstockGreece cannot seem to work its way out of the financial news by settling on austerity programs that would trigger aid from the International Monetary Fund and European Union....
Source: ThinkstockSpain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of 0.4% in...
The coming fiscal cliff represents a huge hurdle for America. Government and private sector forecasters have warned that the expiration of tax cuts, along with hundreds of billions of dollars in...
The government of Spain today released its 2013 budget and outlined the economic reforms it will take to meet the conditions that are sure to be imposed on the country if it should seek a bailout...