Eurozone Avoids Meltdown — For Now
In defiance of all logic, the eurozone weathered a week of harrowing instability this past week, with Portugal, Spain, and Italy managing to persuade the bond markets that their...
About: Charles Scaliger
Posts by Charles Scaliger
Financial World Eyes Portugal
The outlook for the sale today of three- and nine-year bonds by the government of Portugal is still cloudy, but late-breaking news that Japan has committed to buy bonds...
Many Bailed-out Banks May Fail Anyway
As many as 98 banks, which took in a total of $4.2 billion from the Troubled Asset Relief Program (TARP), may fail anyway, according to a study of third...
Violent Protests in Greece
The real meaning of economic bubbles and their aftermath is beginning to rear its ugly head in Greece, where civil unrest paralyzed the country during a violent general strike...
Chronicles of Narnia: Masterpiece of Christian Allegory
The Chronicles of Narnia, by C.S. Lewis, is a treasure trove of timeless Christian truths able to edify, enlighten, educate, and entertain both children and adults alike. ...
Censoring WikiLeaks — Then the Internet?
With the arrest of WikiLeaks founder Julian Assange in London, what has been called the “first information war” has taken a critical turn. The U.S. government, furious at the...
UN Likely Caused Cholera Epidemic in Haiti
The United Nations has been guilty over the decades of plenty of criminal and otherwise destructive acts, but causing a deadly epidemic hasn’t been one of them — until...
Twilight of Internet Freedom?
It’s no secret that the federal government — the FCC, in particular — has been seeking for years for ways to take control of the Internet. For a decade...
Sino-Russian Abandonment of the Dollar
The long-awaited international renunciation of the dollar has begun. ...
Ron Paul, the Fed, and Changing Times
The times, they are a-changin’. Unthinkable only a year or two ago, the prospect that Congressman Ron Paul may actually receive the long-deserved chairmanship of a House subcommittee grows...
Charles Rangel’s Fall
Another of the House mighty has fallen. Charles Rangel (D), 40-year veteran Congressman from Harlem and the senior member of the New York state congressional delegation, was convicted today...
TARP Bailout Payback: “Drop in the Bucket”
Over the recent clamor of approval for the outcome of the Troubled Asset Relief Program (TARP), which Beltway insiders are proclaiming a success because of the high rate of...
Behind the Mortgage Foreclosure Crisis
The foreclosure crisis continues to threaten the U.S. banking sector with more headaches, admitted Sheila Bair, head of the FDIC, on October 25. According to a Reuters report, the...
The Mortgage Foreclosure Crisis
Let us be blunt: The mortgage foreclosure crisis, which first burst into full public view with Bank of America’s suspension of all foreclosures only a few days ago, has...
Tim Hawkins: Man Behind “The Government Can”
In this era of potty-mouthed comedians, good clean humor that isn’t cloying is hard to come by. The Red Skeltons and Victor Borges of yesterday would have trouble getting...