As rates begin to rise in anticipation of Fed "tapering," we would expect an eventual reversal as economic indicators begin to deteriorate. In other words, there is a ceiling on the pace of this economic recovery until deleveraging runs its course (which could be a long while).
John Kennedy called upon all to hold high ideals and to "Ask not what your country can do for you, but what you can do for your country." That commitment to selflessness and service is as old as the Republic.
The Teamsters for years have been an outspoken critic of fast-track trade authorization which allows bad proposed trade agreements to move through Congress on just a quick up-or-down vote. And in the last week, we were joined by 185 House lawmakers who feel the same way.
Whether they are on the staffs of senators or congressmen, or work in the myriad halls of cabinet departments and federal agencies, a large number find themselves on the short end of the stick with little recourse.
All taxpayers, regardless of their political persuasion, should be incensed that their monies that have been siphoned off by fraudsters are not being recovered, despite the fact that the IRS and other agencies have been given the tools to do it.
"This isn't a damn game!" House Speaker John Boehner said Friday at a news conference on the budget stalemate that has led to the government shutdown. Really Mr. Speaker? The government shutdown is, in fact, a direct result of political gamesmanship by the Republicans.
Sadly, the book confirms our worst suspicions of how our nation's capital works -- or rather, doesn't. It also reflects a news media failing in its watchdog function. Still, there is hope beyond the book's negative portrait, about which, more later.
To rescue American politics, we need to marry the strategic wisdom of how the system works on the inside with the visionary, tech-savvy leaders who can use networks to engage citizens in necessary reforms, getting us to the day we ask about our politics: "Is it really that good?"
As President Obama tries to rally support for a strike against Syria, he finds himself in a high stakes diplomatic chess match with no good outcome in sight. Obama's puts at risk the future of his presidency and his legacy.
About 40 leaders of immigration reform advocacy organizations were arrested Thursday on Capitol Hill. The group was there as part of a protest aimed at pressuring the House GOP into passing an immigration reform bill with a pathway to citizenship.