Strict Parents Fueling China's Growth?
Could China's stricter parenting philosophy be the reason why China is starting to trump America? Amy Chua, author of "The Battle Hymn of the Tiger Mother," and Matt Comyns, CEO of Pacific Epoch, weigh in.
Posts
C-Span Interview with Janet Tavakoli
On December 9, C-Span's Washington Journal interviewed Janet Tavakoli, a Chicago-based structured finance analyst. She was in Washington to attend a conference sponsored by the Federal Housing Finance Administration. She talked about Fannie Mae, Freddie Mac, private label mortgage-backed securities, Wall Street fraud, and derivatives. See the entire 39:43 minute interview at this link: http://www.c-spanvideo.org/program/FannieMaean
The Day the Dollar Died
The National Inflation Association has released another in its powerful video series warning of the dangers of hyperinflation from loose monetary policy by the Federal Reserve. Is it time to start hoarding? Or is this just fear-mongering?
"Did You Hear About the Fed?"
This ascerbic and hilarious cartoon by Malekenoms is done in a question and answer format between two bears who speak with computer-generated voices and broken English. The first bear starts off the process by asking the second bear, "Did you hear about the Fed?" and then proceeds to explain to the second bear why the Fed is engaging in quantitative easing. The policy name "quantitative easing" is described as a euphemism for printing "a ton of money." When the second bear asks the first bear, why not just calling it "the printing money," the first bear responds that the Fed calls in quantitative easing because printing money is seen as "the last refuge of a failed economic empire and banana republics, and the Fed doesn't want to admit this is their only idea." The bears then belittle the notion that there is deflation when prices are rising everywhere. The the first bear also lampoons the Fed's credibility and claims it has bee...
Geithner's Dollar Gambit
On his CNBC show Friday October 22, Larry Kudlow touts Treasury Secretary's recent statements supporting the dollar with guests Jim Rogers and Andy Busch. They discuss the odds for a dollar rally after the meeting of the Fed on November 3.
A Pictorial of Obamacare
The Joint Economic Committee worked four months putting together this graphic representation of how the new Obamacare works -- a graphic that is being featured in an article by Deroy Murdock posted on National Review . See the article at this link: http://www.nationalreview.com/articles/250485/three-charts-will-infuriate-taxpayers-deroy-murdock You can download at high resolution version of the graphic at this link: http://www.jec.senate.gov/republicans/public/index.cfm?p=CommitteeNews&ContentRecord_id=bb302d88-3d0d-4424-8e33-3c5d2578c2b0 It's one of three charts that Murdock says "will infuriate every taxpayer."
Wheaton: Housing Market Will Come Roaring Back
Prof. William Wheaton of the Massachusetts Institute of Technology, expects the housing market to come roaring back in the next few years. He gave his views today on CNBC's Squawk on the Street. The reason, he explains, is that household formation is creating demand that is far greater than the current rate of new home construction. Foreclosures and excess inventory are not so much of a problem because they are filling in the demand between new home construction and new household formation. The market is poised for a comeback even without the range of mortgage products that existed prior to August 2007, the professor says. He points out that in the past people were able to buy homes before the new mortgage products were available.