Euro’s Failure Imminent, Says “The Economist”
In its attempt to quell rising uneasiness in the wake of the failed German bond sale last week, the establishment magazine The Economist rushed in over the weekend with...
About: Bob Adelmann
Posts by Bob Adelmann
Latest Economic Surveys Show Little Optimism
The Republican Small Business Committee reported on November 8 that small-business optimism “remains extremely low,” and that business owners “simply are not hiring because they are pessimistic about consumer...
Germany’s Finances Weak and Getting Weaker
The “disastrous” failure of the German bond auction on Wednesday when buyers failed to bid the offering and Germany’s Central Bank — the Bundesbank — had to step in...
The Mystery of Thanksgiving Day: of Turkeys and Pencils
Jeff Jacoby listed some of the reasons he was thankful on Thanksgiving Day in 2003, including the feast on the table, the company of his family and loved ones,...
How Canada Cut Spending and Got a “Payoff Decade”
From Reuter’s interview with former Canadian Prime Minister Jean Chretien in August came a much fuller understanding of the forces that moved the Canadian economy from a basket case...
Liberty Univ. Allows Concealed Carry on Campus
Lynchburg, Virginia's Liberty University Chancellor Jerry Falwell, Jr. (left) announced a change in policy that now allows students, staff, and visitors with concealed weapons permits to carry guns on...
Is Collapse of MF Global the Start of the Run on America?
Four of MF Global’s former clients have made public their experiences with the failed financial derivatives broker, each of them losing their money and two of them their businesses...
France Slides Towards Debt Downgrade
Moody’s rating service warned on Monday that France’s coveted triple-A credit rating is in jeopardy as a result of the country’s “elevated borrowing costs … amid a deteriorating growth...
80 is the New 65, Two Surveys Show
On Wednesday Wells Fargo released the results of its survey of 1,500 individuals between ages 25 and 75, titling it “80 is the New 65 for Many Middle Class...
Economic Outlook: The Good, the Bad, and the Unknowable
Expressions of joy were muted on Wall Street at Friday's release of the latest report from the Conference Board (CB) showing its Leading Economic Index (LEI) jumping 0.9 percent...
Options After the Supercommittee Failure
Barring a miracle, the Supercommittee will announce Monday morning its failure at coming up with legislation to reduce the projected combined federal budget deficits over 10 years by $1.2...
NYTimes Piece Distracts from the Real European Story
Thursday’s article in The New York Times by writers Jack Ewing and Nicholas Kulish about the “rift” between factions over the role of the European Central Bank (ECB) was...
Germany’s Merkel Yields More Sovereignty to the EU
At a joint briefing on Wednesday with Irish Prime Minister Enda Kenny, German Chancellor Angela Merkel (left) announced the next step towards the creation of the supra-national European state: “Germany...
November 15 Was America Recycles Day
To celebrate America Recycles Day, the Tellus Institute published a study showing the benefits of increased recycling, by force if necessary. The Tellus Institute’s mission is “to advance the transition...
Stop Online Piracy Act (SOPA) Overkill
The first hearing on Rep. Lamar Smith’s (R-Texas) bill HR 3261, known as the “Stop Online Piracy Act” (SOPA), was held Wednesday in Washington by the House Judiciary Committee, which...