Tag Archives: Obama

A little political PR, please!

Every day brings more market turmoil and instability, and as one analyst said recently, “only true leadership from policymakers will help soothe the situation.” Obama, after the recent, brutal tug of war and then the country’s downgrade (the first in … Continue reading

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Filed under Economy, Finance, Government

Will They Lose the AAA Rating?

There is collective breath holding going on globally, and not just with politicians and economists. The idea that America may default on its debts is already causing an uproar with the populace, the ‘average Joe’ in the US, and is … Continue reading

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Filed under Economy, News, politics

Cuts in the land of plenty

As Europe continues its slow descent into bail-out penury, America’s government – forever the loin with most meat (and fat) – is battling it out in order to save for the future, or at least show up for work on … Continue reading

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Filed under Economy

Positive Words From The Oracle

An inscrutable recent picture of the world’s wealthiest ‘good ‘ol boy,’ Warren Buffett, eating an ice cream cone with a mild look of derision on his face on the BBC news site, somehow sums up the personality that everyone in … Continue reading

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Filed under Economy, Finance

Christmas is made in China

Every year, around this time, retailers are wondering whether the massive shipments of toys they’ve ordered as far back as July will be a hit for them and the kiddies once Christmas rolls around. It’s a gamble to say the … Continue reading

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Filed under China

Tough Times? Print More Dosh

It’s been a very bad week for President Obama. First, he’s lost the lower house of Congress to the Republicans, and now he’s being publicly rebuked in the press by Europe’s leaders for his administration’s approach to the financial rut. … Continue reading

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Filed under Finance, Global Markets, United States

The First Cut is the Deepest

A new Nobel Prize laureate has warned that cutting social benefits is a very dangerous and detrimental tack to take in order to curb governmental spending. If there’s any man who ought to know, it’s a globally recognized expert on … Continue reading

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Filed under Finance, United Kingdom

Austerity is not enough

With Europe’s leading economic nations meeting at the G8 and G20, it’s not surprising that sweeping economic reform is the talk of the table. And it’s the new U.K. Prime Minister, David Cameron, who is the first one to make … Continue reading

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Filed under Finance, United Kingdom

BP and Crude Politics

The worst thing any government official or business leader can do is admit they don’t have a solution to a large problem. Both BP and the Obama administration don’t have an answer on how to stop the oil from gushing … Continue reading

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Filed under politics

Spanish Action on the Euro

Spain’s Prime Minister, Jose Zapatero, has been quick to appear proactive on his country’s substantial national debt. Although the PM has been talking austerity measures since January, little action has come from it. But, when you decide to go to … Continue reading

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Filed under Finance, Global Markets