The Daily Bell: Money Play? New Media Strikes Back

Money Play? New Media Strikes Back

By Staff Report – October 17, 2013

In this article, we will comment on the New Media venture referred to in this blog from the standpoint of …

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Shutdown Ending but Larger Difficulties Remain

By Staff Report – October 17, 2013

As of our deadline, the US Congress had struck a deal to end a government shutdown, as described in the Jerusalem Post article, excerpted above. The Post explains how the shutdown occurred and mentions the main ramification, which is that Fitch Ratings is ready to downgrade US credit. Fitch’s warning only increases the surrealism of this entire event, in our humble view. We remember back in 2007-2008 when the financial system froze up around the world, that the big ratings agencies had “not a

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