Category Archives: Government Policy

The Right Idea. Ireland guarantees all bank deposits

There is one thing the government can do that would do a lot to restore confidence; raise the antiquated $100,000 limit on FDIC deposit insurance. It is not controversial. Congress won’t meltdown while talking about it. And it won’t cost … Continue reading

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Interesting Reading on the Proposed Rescue Package

Through the miracle of modern communications technology, at 10AM this morning the Congressional Budget Office released the text of CBO Director Peter Orszag’s statement, Federal Responses to Market Turmoil, before the House Budget Committee hearing held today. Now, 20 minutes later in Beijing I … Continue reading

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