"Boldness" is the rage among pundits advising the president on his speech this evening. Even the first two letters of that word connect Barack Obama with this demand. Yet White House leaks suggest that his prescription for this central malady of the nation will not deserve to be so named....

The crisis over Greece's sovereign debt deepens daily as the reality gap grows between the politically driven views of EU leadership and the market-place views reflected in such things as interest yields on 2-year Greek notes and premiums payable on CDS covering Greek debt, both of which have soared in...

Over the past decade, the SEC's lapses in handling its responsibilities to the financial marketplace and the investing public have become common knowledge. One thinks of the damage done by short-falls in regulatory oversight of Enron, Worldcom, Citicorp, AIG, Bear Stearns and Lehman. One recalls the repeated inspections of Madoff,...

President Obama today named GE Chairman Jeffrey Immelt to head the White House Council he has served on over the past two years under the leadership of former Fed Chairman Paul A. Volcker. This advisory body, originally named the Economic Recovery Advisory Board, lacked traction with the White House and,...

The country needs another Works Progress Administration (WPA II) to lift employment and the beaten-down spirits of some 25 million un- and under-employed workers and their 50 million and more dependents.

Despite being two years into this Great Recession (GR), with an apparent return to economic growth late in...