The warning is crystal clear. Before the onset of the current financial and economic crisis, the U.S. had structural deficits measured in the hundreds of billions of dollars.
Posts Tagged ‘filger’
Sheldon Filger: U.S. Treasury Sweating Bullets over Financing Swelling Deficits
July 29th, 2009 |
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Sheldon Filger: Obama Versus JFK on Corporate Greed: A Telling Comparison
July 27th, 2009 |
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In the past six months, President Obama has revealed his towering intellect, basic decency and sophisticated world view. However, we have yet to observe the toughness and passion required to take on the forces that drove the U.S. and global economy into a ditch.
Sheldon Filger: Bernanke to Congress: I Don’t Know to Whom We Gave Half a Trillion Dollars
July 23rd, 2009 |
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The Fed and its chairman have made many errors in judgment, not the least their overly-optimistic pronouncements when the first tremors from the sub-prime meltdown arose.