Paris Luxury Apartment Prices Slide As French

Tyler Durden ZeroHedge 10/7/2012

Back in July, when the news of the French foray into the “fairness doctrine” hit, and we learned of Hollande’s plan to tax all those making over €1 million at a 75% tax rate, we said that “we are rotating our secular long thesis away from Belgian caterers and into tax […]

Number of the Week: Half of U.S. Lives in Household Getting Benefits

Phil Izzo The Wall Street Journal 5/26/2012

49.1%: Percent of the population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011. Cutting government spending is no easy task, and it’s made more complicated by recent Census Bureau data showing that nearly half […]

Keynesianism & Eugenics

The theory of output as a whole, which is what The General Theory of Employment, Interest and Money purports to provide, is much more easily adapted to the conditions of a totalitarian state. ~John Maynard Keynes

John Aziz via Zero Hedge 5/25/2012

n looking at and assessing the economic paradigm of John Maynard […]

Italy marks end of Berlusconi with austerity deal

Scotsman.com 12 November 2011

Italy’s Senate has approved economic reforms to reverse a collapse of market confidence, kicking off a rapid transition that will clear the way for an emergency government within days.

The package of austerity measures demanded by the European Union goes to the lower house, which was expected to approve it today […]

Think the Republicans are doing a lousy job of ‘framing the message’?

Disgusting! Lib David Gregory to Paul Ryan: “How Much Responsibility do Republicans Take for This Spectacle… Shouldn’t You All Be Embarrassed?” (Video)

Jim Hoft GatewayPundit 4/10/2011

Visit msnbc.com for breaking news, world news, and news about the economy

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Budget woes? Just don’t pass one

House Democrats may skip or delay a budget resolution because of the record deficit and midterm elections.

Lisa Mascaro Tribune Washington Bureau via LA Times 5/22/2010

Facing the uncomfortable reality that the federal government’s 2011 budget shows record levels of red ink, congressional Democrats may resolve the politically thorny situation by simply refusing to pass […]