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Deficit Drivel: Hillary Singing Same Wrong Tune As Obama

Marshall Auerback | Posted 05.25.2011 | Politics
Marshall Auerback

Rational discourse about fiscal policy is not helped when our Secretary of State begins espousing the notion that our deficit represents a security threat, along the lines of a financial bubonic plague or comparable to a terrorist threat.

Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.

Saskia Sassen | Posted 05.25.2011 | Business
Saskia Sassen

The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.

Will Obama's First Term Really Just be a Hybrid of Clinton III and GW Bush III?

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

There is a strong chance that Lawrence Summers is going to be returned to the post of Secretary of the Treasury. Larry will have to prove to us that he is different and not the harbinger of Clinton Term III.

Who's Your Economic Daddy?

Robert D. Atkinson, Ph.D. | Posted 05.25.2011 | Business
Robert D. Atkinson, Ph.D.

Virtually all policy makers involved in economic policy subscribe to a particular economic doctrine, even if they may not be aware of which "camp" they are in.