Jan 1, 2013
The new Senate deal cobbled together by Vice President Joseph Biden and Senate Minority Leader Mitch McConnell is an acceptable one to me.
It is far from perfect, however.
Dec 10, 2012
Christopher Ruddy's Perspective: The fiscal cliff can be averted and the Republicans should accept a tax rate increase on the so-called "rich." Sounds like a sellout of conservative ideals? No, not if Republicans demand that any overall deal remains revenue neutral.
Oct 9, 2012
Christopher Ruddy's Perspective: Fasten your seatbelts — here’s what will likely happen on Jan. 1, 2013:
May 6, 2012
The Federal Reserve purchased 61 percent of the nation s debt issuance last year.
Let that factoid sink in for a second.
It s a dangerous development because it means that the Federal Reserve created electronically that is, out of thin air the cash needed to buy the...
Sep 12, 2011
In observing the workings of the Obama White House as it grapples withthe worst American economy since the Great Depression, it s difficultnot to smile in amusement at the inept wheel-spinning of our executivebranch, which bears a closer resemblance to a clueless team of...
Aug 17, 2011
Bill Clinton just made headlines by referring to Texas Gov. Rick Perryas a good looking rascal. But the real rascal of the moment is notPerry or any other political candidate.
It s Warren Buffett.
He may be one of the richest men in the country, but the Sage of...
Jun 2, 2011
We are told that the American economy escaped from its recession in late2009, at least as measured by seven straight quarters of economicgrowth since that time.Whatever these numbers seem to indicate, theyclearly do not reveal the whole picture and its grim reality.
Dec 13, 2010
A well-known American businessman called me recently. He wanted to talk politics, but he started the conversation by saying, Short China. If you want to make a lot of money, short China.
He alluded to having information about the precarious state of China's economy, but...