Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Bus Econ. Show all posts
Showing posts with label Bus Econ. Show all posts

Thursday, February 09, 2012

Eurozone Crisis: It is all Greek to me! by Kevin E. Dayhoff February 8, 2012



Now that the Super Bowl is over there may be no better time to focus some attention on the continuing Greek tragedy that is unfolding over in the economic Twilight Zone, known as the Eurozone.

There is a growing sense that Americans, somewhat exhausted after a decade of foreign wars and international conflict, have grown increasingly isolationist in their worldview.

That may be a good thing to a certain extent. The United States cannot continue to pay the price of maintaining the planet’s police force.

While other nations concentrate that portion of its gross national product to strengthening its industrial base, quality of life and economy – think Germany – that would otherwise go to defense spending if it were not for the United States, our nation continues to wallow in an economic tar pit.

Just when our nation’s economy cheers up a bit, things threaten to get worse quickly.

As we head for the seclusion of the isolationist, padded panic room, it might be a good idea to take a look over our shoulder and keep an eye on Greece – and Portugal, Ireland, Spain and Italy… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4907

[20120208 seo TT Eurozone Crisis It is all Greek to me]

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February 8, 2012
Kevin E. Dayhoff
Now that the Super Bowl is over there may be no better time to focus some attention on the continuing Greek tragedy that is unfolding over in the economic Twilight Zone, known as the Eurozone.

February 1, 2012
Kevin E. Dayhoff
Legislation to address how Maryland estate taxes inhibit farmers from passing-down the family farm to succeeding generations has gained some much-needed interest in the current session of the Maryland General Assembly.

January 25, 2012
Kevin E. Dayhoff
Maryland Gov. Martin O’Malley’s fiscal year 2013 state budget, released a week ago, is a full menu of difficult choices. However, one of the most troubling is the lack of funding for police protection and highway user revenue for municipalities.

January 18, 2012
Kevin E. Dayhoff
The consensus continues to gather steam that the GOP nomination to challenge President Barack Obama for president this fall will be former Massachusetts Gov. Mitt Romney. Perhaps all the drama now moves to who will be his choice for vice president.

January 11, 2012
Kevin E. Dayhoff
It is fairly well accepted among keen observers of national politics that the Iowa caucuses of Tuesday a week ago are much more about political and media-theater than a prognosticator of who will vie for the Oval Office this fall.

January 4, 2012
Kevin E. Dayhoff
Next Wednesday, on January 11, the 430th taxing tradition of the Maryland General Assembly opera will once again take center stage.

Eurozone Crisis: It is all Greek to me! by Kevin E. Dayhoff February 8, 2012



See also:

20121205 Why Greece Matters by Kevin E. Dayhoff

20121202 Rick Steves: June 11, 2012 “Greece in Economic Crisis and Your Travel Dreams” Retrieved December 2, 2012


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Eurozone Crisis: The Economist: Argentina’s debt default Gauchos and gadflies


I’ve read it several times and gain more insights every time I read it…

Creditors’ decade-long battle with Argentina shows just how tangled sovereign defaults can be Oct 22nd 2011 NEW YORK http://www.economist.com/node/21533453

AS GREECE flirts with disaster and several other European countries buckle under heavy debts, creditors’ experience with Argentina should serve as a sobering reminder about the mess that can follow a sovereign default. A decade after the Latin American country welshed on $81 billion, disgruntled creditors are still chasing their money. The litigation, and Argentina’s defiance in the face of judgments against it, complicate its plans to return to international capital markets.

Argentina’s default, after a severe economic crisis, sparked social unrest and runs on banks. It subsequently presented creditors with a take-it-or-leave-it offer of 35 cents on the dollar. They considered this derisory: previously, delinquent countries had typically paid 50-60 cents. But the government stood firm and roughly three-quarters of the bondholders took part in a debt exchange in 2005. More joined in 2010, bringing the total to 93%... http://www.economist.com/node/21533453





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Saturday, July 30, 2011

Washington Examiner: Dodd-Frank's winners: Revolving-door regulators by Timothy P. Carney


Washington Examiner




It may not prevent another bailout or protect consumers from dangerous financial products, but the Dodd-Frank financial regulation law -- now one year old -- has already benefited one group of people: the government officials who wrote and implemented the law before cashing out as lobbyists or consultants for Wall Street, hedge funds and big banks.

The top staff lawyers in charge of crafting the legislation in both chambers of Congress have both left Capitol Hill for K Street, as has a Securities and Exchange Commission staffer who helped implement the law. This is "private-sector job creation, Obama-style," as blogger Ira Stoll drolly notes.

The Great Wall Street Cashout is another example of how President Obama's agenda of bigger government -- and congressional Democrats' style of leaving the key details up to executive-branch regulators -- accelerates the revolving door and breeds crony capitalism.

Dodd-Frank was supposed to prevent future bailouts, tamp down on excessive risk taking by financial institutions and, through a new agency called the Consumer Financial Protection Bureau, protect regular people from predatory lenders or harmful and complex financial products… http://washingtonexaminer.com/politics/2011/07/dodd-franks-winners-revolving-door-regulators/116494

[…]

If you're looking for Dodd-Frank's big winners, they're easy to spot: They're the ones passing through the revolving door.

The big losers, according to a Bloomberg Government Study: 23 of the largest public financial companies in the United States face $22 billion in additional expenses and lost revenue, and likely a good deal more once all the regulations are put in place.

Timothy P. Carney, The Examiner's senior political columnist, can be contacted at tcarney@washingtonexaminer.com. His column appears Monday and Thursday, and his stories and blog posts appear on ExaminerPolitics.com.



Bus Econ Dodd-Frank, Bus Econ 2011, Bus Econ, Bus Econ over-regulation, Governance regulations, Bus Econ Banking, Business Banking, Journalists Carney Timothy
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