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Thursday, September 29, 2011

Martin Feldstein puts it all in a nice nut shell for us to understand. Here is what Europe is facing.



Thanks to Dr. Rothman for passing this along.

http://www.project-syndicate.org/commentary/feldstein40/English

The Republican party will be irrelevant in 25 years if they don't rethink their immigration policies.



Hispanics are the new voting bloc that will determine elections and the Republican party does nothing but alienate them, so to speak. Rick Perry is much closer to getting it right than all the others by a large margin. And he gets slammed for it. Go ahead. Commit political suicide right in front of everyone. The Democrats will sit back and watch and step over you after you have crumpled into a heap of irrelevancy.



http://online.wsj.com/article/SB10001424053111903791504576591203453529380.html?mod=WSJ_Opinion_LEADTop

Monday, September 26, 2011

10-year Greek note returns.




A student recently asked me why anyone would want to invest in Greek government securities. I told him I felt that way too but look at the returns.