Tag Archives: Greece
Congressional Democrats to Bail on Budget for 2011

Congressional Democrats to Bail on Budget for 2011

“Budget?  We don’t need no stinking budget.” That is what Congressional Democrats seem to be saying, kind of like the classic line from The Treasure of the Sierra Madre (“Badges?  I don’t have to show you no stinking badges!”).  Until ...Read more

Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Last Thursday’s newspapers were full of news.  Above the Wall Street Journal’s crease, for example, readers learned about violence in Greece, where three people were killed in a firebomb attack during a national strike that was ...Read more

More lessons from Greece:  The Importance of Basic Belief in Government

More lessons from Greece: The Importance of Basic Belief in Government

Greece’s current fiscal and financial crisis easily reminds us that governments can get too big to succeed, but its more important lesson may lie elsewhere – so obvious that it’s sometimes hard to see.  Greece should make us mindful of ...Read more

Lessons from Greece: Can Governments Get Too Big Not to Fail?

Lessons from Greece: Can Governments Get Too Big Not to Fail?

Americans should take a good and sustained look at Europe next month.  Germany has  key district elections on May 9, and Greece has $11.4 billion in eurobonds maturing on May 18.  We can learn a lot about politics ...Read more