The Eurobond idea is finished. The EU and the market is going to have to deal with it, and the market has been viewing Eurobonds as a savior. I do not care for Eurobonds either, yet the odds of an EU breakup have just increased.
As he and his daughters bicycle around the summer playground of the Northeastern elite, Martha's Vineyard, President Obama is steadily bleeding away both the support of the nation and that of his most loyal constituency.
Having completed his three-state "Midwest listening tour," President Barack Obama is now on vacation on Martha's Vineyard.
It's the last few weeks of summer. For those of us with children in school, this is our last chance to get away before becoming engulfed in school schedules, homework, activities and carpool. For children, it is their last chance to be carefree, sleep in and play with friends.
Senator Mitch McConnell’s original suggestion for solving the nation’s debt ceiling dilemma outraged many of his fellow conservatives and would, if enacted in its initial form, have probably produced deep disgust in the public at large
It is summer and time to read books. I recall that Meg Greenfield, the sainted and deceased former editor of the editorial page of The Washington Post, made fun of the idea of summer books.
The stated objective of the Administration according to Energy Secretary, Stephen Chu, has been "to figure out how to boost the price of gasoline to the levels in Europe." Unfortunately for American families, they are well on the way.
The problem with the rising debt burden is too much spending and too little growth. A spending-limitation of 20 percent to GDP would go a long way toward fixing the debt-bomb problem.
In the 1979 movie "The China Syndrome," reporter Kimberly Wells (played by Jane Fonda) witnesses an accident at a nuclear power plant and then uncovers a plot to keep it a secret in order to protect the power company's billion-dollar investment.
Suppose you’re a college student who is about to begin searching for a summer job. There’s only one problem: nobody is hiring.