Tag Archives: Obama

Michael Grubb on FCC “bill shock” plan: It could deliver a new jolt to consumers

The major cell phone companies recently bowed to pressure from consumer activists and the Obama Administration and agreed to warn users via text message when they are about to exceed the limits of their calling plans. FCC Chairman Julius Genachowski and President Obama himself hailed the agreement. Consumers Union Counsel Parul P. Desai said, “Ultimately, […]

Simon Johnson: Is Europe on the Verge of a Depression, or a Great Inflation?

From the New York Times The news from Europe, particularly from within the euro zone, seems all bad. Interest rates on Italian government debt continue to rise. Attempts to put together a “rescue package” at the pan-European level repeatedly fall behind events. And the lack of leadership from Germany and France is palpable – where […]

Obama and jobs — focus on quality, not just numbers

President Obama’s job plan has triggered lots of talk if not action. With the economy struggling, any conversation about job creation is good news. But from the President on down, we sometimes pay too much attention to the number of jobs being produced and not nearly enough attention to the quality of those jobs. In […]

After the Debt Ceiling Debate and S & P’s Credit Downgrade, Picking an Investment Adviser in an Unruly Market: S.P. Kothari

    From Dow Jones Marketwatch S.P. Kothari, deputy dean at the MIT Sloan School of Management and a former Barclays fund manager, talks about what investors should look for in choosing an investment adviser to steer them through these turbulent markets. What do you think?

Defaulting to big government—the unintended consequences of not raising the debt ceiling

From CNN World Leading United States congressmen are determined to provoke a showdown with the Obama administration over the federal government’s debt ceiling. Ordinarily, you might expect House Republicans to blink at this stage of the negotiations, but there is a hardline minority that actually appears to think that defaulting on government debt would not […]