Keep Your Head Above The Dollar

There has been so much discussion recently about “QE 2” that you would think the entire financial sector were about to embark on a transatlantic cruise. Unfortunately, they, and we, are not so lucky. In the year 2010, “QE 2” doesn’t refer...

G-20:The One-Sided Compromise

Last weekend, the G-20 finance ministers met in South Korea to find areas of agreement in preparation for the main G-20 gathering in November. The Chinese rebuffed renewed American pleas for them to revalue their yuan. They rejected Secretary Geithner’s...

Off to a Bad START

The world is hardly becoming a safer place these days. Missile threats are proliferating at a disturbing rate in places such as North Korea the danger from the North’s nuclear program is now at an ‘alarming’ level,” The Washington Post recently...

Psychologizing and the Art of Smearing

Imagine being told that you use “mental gimmickry” and exhibit a “non-evidence-based mental process” when you’re expressing your political ideas. John J. Colby (“Robitaille doesn’t understand people,” Commentary, Sept....

Euro Trumps The Dollar Thanks To The FED

When the euro hit a low of $1.1917 against the US dollar on June 7th, 2010, the airwaves crackled with assertions that the European common currency, beset by Greek debt problems and intra-union discord, was destined to trade at parity with the greenback. They...