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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

City bureaucrats and the PEL can hem and haw and p**s and moan, but can-kicking exercises, "scoops", and tax hikes will only make the problem worse. Consult your. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44). June 2007 (38).

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Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

MishTalk

The senior government official who spoke to the Financial Times and the experts consulted said the restructured contracts in the 2012 Treasury report included derivatives taken out when Italy was trying to meet tough financial criteria for the 1999 entry into the euro. Consult your. December 2007 (69). November 2007 (91).

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

What’s fascinating about QE is that it has no transmission mechanism to the real economy except as a weak can-kicking exercise - and even then only by creating enormous distortions in pursuit of minute "wealth effects." Consult your. December 2007 (69). November 2007 (91). October 2007 (56). August 2007 (61).

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Municipal Bonds an "Outrageous Bargain"? Compared to What?

MishTalk

Greater care must now be exercised and I would suggest that many of you should begin a re-examination of what you own and whether you wish to keep owning it. Consult your. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44).

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Disgusting Idea of the Day: Another Bush vs. Another Clinton

MishTalk

But severing his many business ties means forgoing millions of dollars in consultancy earnings and is likely to prove almost as indicative of his determination to follow in family footsteps as did his announcement of a fundraising committee last month.

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