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June 22, 2012
1980. for some time weve known the financial sector has been below investment game. moodys is late to the game six most after s&p downgraded 15 local banks. the banks are coming back swinging, they have been using withering language attack being mood dees. they say its as arbitrary, unwarranted, because their balance sheets are stronger. mood dees is saying we have a rocky neck recovery coming. citigroup is saying that they are asking for alternatives to the rating agencies, basically they are s...
October 7, 2011
Other than when we were demobilizing after world war ii. that is how deep the hole was. by the end of that year our economy was growing again. that didnt happen my accident, it happened because we took strong and bold action. and when you do that you know that other things could happen, so you have to take strong action, also just to insure against the risk beyond your control. just to be very clear, we have many of the top forecasters are projecting the next year growth could be below 2%, below...
Unknown Date
To agree to the debt reduction package would likely result in negative reying action. we are getting close to the super committee deadline and its been essentially moved up by the head of the cbo who says you cant have until the last minute you have to give it to us two weeks before that. you have the top democrat saying i am not confident. isnt that really honesty stu, is anyone confident about what the super committee has set out to do in terms of the cuts? >> there is a question about the siz...