Capitalism has never been thought of as an Olympic sport before, so it is a little startling to look up and find that the flag under which the Games will be conducted all over Southern California next summer is the vest from a three-piece suit.
Tag Archives: fiscal
Luxury Retailers Thrive Online
Lucie Blackman: Death of a Hostess
Military Spending: Why the Defense Budget Should Be Cut
Bernanke warns on imbalance risks with Asia
Ben Bernanke said on Monday that it was “extraordinarily urgent” that the US and Asia adopt policies that prevent a revival of global economic imbalances as the financial crisis ebbs. The Federal Reserve chairman warned that global imbalances — the big gaps between national saving, consumption and investment rates reflected in large trade deficits and surpluses — had helped cause the crisis and needed to be corrected.
Geithner: Stimulus efforts to continue until ‘recovery in place’
IMF: ‘Nascent recovery’ under way
Senate rejects additional F-22 funding
The Senate voted Tuesday to block expansion of one of the country’s most controversial and expensive defense programs, the F-22 fighter jet program. The vote gave the White House and Pentagon a key victory over congressional supporters of the F-22, many of whom represent states and districts where jobs are tied to the production of the jet.