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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. 2011-04-23: Syndicated Interview on Canadian Radio - My Segment Starts 29:31. This Week in Money Interview. 2011-03-29 - Sound Money Interview. December 2007 (69).

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

MishTalk

Early last year Italy was prompted to reveal by regulatory filings made by Morgan Stanley that it had paid the US investment bank €2.57bn after the bank exercised a break clause on derivatives contracts involving interest rate swaps and swap options agreed with Italy in 1994. This Week in Money Interview. December 2007 (69).

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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." 2011-04-23: Syndicated Interview on Canadian Radio - My Segment Starts 29:31. This Week in Money Interview.

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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. 2011-04-23: Syndicated Interview on Canadian Radio - My Segment Starts 29:31. This Week in Money Interview. 2011-03-29 - Sound Money Interview. December 2007 (69).

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

MishTalk

Disentangling the extensive business interests that Bush has built up since standing down as governor in 2007 has not been a simple exercise. Various private equity investments in energy and aviation, made through a company called Britton Hill that is named after the highest point in Florida, were only disclosed last June.

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