EconWatch.com > July 31, 2010

China Overtakes Japan as World's Second-Largest Economy - DailyFinance

[DailyFinance] China is now the world's second-largest economy, having overtaken Japan, a senior Chinese official said.

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RealClearPolitics - Don't Panic About the Economy

[RealClearPolitics - Homepage] July 31, 2010. Don't Panic About the Economy. Daniel Gross, Slate. Send to a Friend · Read Full Article ”º”º. TAGGED: economy. RECOMMENDED ARTICLES. July 26, 2010. What We Can Learn From Europe Thomas Geoghegan, In These Times ...

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Posted at 05:05 PM

July 31, 2010

China Overtakes Japan as World's Second-Largest Economy - DailyFinance

[DailyFinance] China is now the world's second-largest economy, having overtaken Japan, a senior Chinese official said.

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Posted at 05:07 PM

RealClearPolitics - Don't Panic About the Economy

[RealClearPolitics - Homepage] July 31, 2010. Don't Panic About the Economy. Daniel Gross, Slate. Send to a Friend · Read Full Article ”º”º. TAGGED: economy. RECOMMENDED ARTICLES. July 26, 2010. What We Can Learn From Europe Thomas Geoghegan, In These Times ...

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Posted at 05:05 PM

July 30, 2010

NewsDaily: China overtakes Japan as No.2 economy: FX chief

[NewsDaily: Top Headlines] In one important respect, however, China is still a shrinking violet: anxious to shield itself from the rough-and-tumble of global markets, it does not permit its currency to be freely exchanged except for purposes of trade and foreign direct investment.

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Posted at 02:37 PM

HIGH INCOME ECONOMY - Che Det

[Che Det] Should the Government help these Malaysian industries to grow they can become world class players. This means better income for the Malaysian entrepreneurs and better wages for the Malaysian workers.

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Posted at 02:35 PM

July 28, 2010

Report: Economy kills Kia Soul'ster ”” Autoblog

[Autoblog] Come 2012, the Soul will undergo its mid-cycle refresh, and we're expected to see more upscale content, as well as slight changes to both the front and rear fascias. In the meantime, those of you who are super hot for a Soul'ster will just have to scan the local used car lot for a soft-top Isuzu Amigo, instead.

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Posted at 07:06 PM

Indian economy: India looking to the rain gods | The Economist

[Untitled] But with an overheating economy and high debt/GDP levels, is the Indian Rupee one of the most susceptible BRIC-like (and by that I guess I mean emerging market countries with "bright" growth outlooks) currencies to the impact of rising government debt and the turbulence this may create??

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Posted at 07:04 PM

July 27, 2010

What would Jesus think (about the economy)?

[WalletPop Blog] The other night I was sharing -- okay, whining -- about yet another long and possibly futile day spent writing a spec project that may or may not sell when my partner asked:

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Posted at 07:14 PM

Economy « Dprogram.net

[Dprogram.net] Economy. Posted by sakerfa on July 27, 2010. (ATR) - Six Months to Go Until The Largest Tax Hikes in History. In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small ...

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Posted at 07:11 PM

July 24, 2010

Hot Air » Obama approval on economy drops to new low in CNN poll

[Hot Air » Top Picks] A CNN/Opinion Research Corporation survey indicates that 42 percent of the public approves of how Obama’s dealing with the economy, down 2 points from March, with 57 percent disapproving of his performance on the economy, up 2 points from March. The survey’s Friday release comes as the president made comments at the White House on what he termed the progress made this week on the economy and job recovery.

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Posted at 05:06 PM

Economy « Dprogram.net

[Dprogram.net] Economy. Posted by sakerfa on July 24, 2010. (FoxBusiness) - Video: Peter Schiff On Fin Reg - Video Link Here. (WRH) - The US Government is Dying. The US Government is dying. Its ultimate fate was sealed the moment the Federal Reserve ...

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Posted at 05:05 PM

July 23, 2010

Bernanke: The Economy Is Recovering -- Except For The Parts That ...

[Crooks and Liars] Especially the way he was talking, I was very optimistic about getting an interstate-size investment into light rail and interstate high speed rail and energy efficient solutions.

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Posted at 02:37 PM

Pakistan's Moral-Hazard Economy - Project Syndicate

[Project Syndicate] These promises and pledges underscore Islamabad’s growing dependence on foreign assistance, which is not surprising, given that Pakistan’s tax-to-GDP ratio has declined to less than 9%, the lowest among the 22 largest emerging economies. They also suggest the continuance of a sort of moral-hazard approach to economic management that ensures foreign help whenever the country drives itself to the edge of an abyss.

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Posted at 02:35 PM

July 21, 2010

Autoblog Podcast #187 - Lamborghini rumors, Explorer economy ...

[Autoblog] We cover Lamborghini rumors, the new Ford Explorer's fuel economy with its rumored EcoBoost powertrain, the rumors swirling around the possibility that the Wall Street Journal printed an article that was a plant from Toyota, a sports car based on the Nissan Leaf, and the seemingly insatiable appetite for German premium cars.

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Posted at 07:07 PM

The Economy and Politics, One More Time : CJR

[CJR] But Sides is also right when he says that Kuhn’s reading of Krugman and Klein “is unnecessarily uncharitable.” I wouldn’t argue, as I think Sides does, that for strategic reasons they should feel free to overstate the case; columnists and bloggers (present company included) should be precise with their prose and their analysis, and should be held to account when they aren’t.

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Posted at 07:05 PM

July 20, 2010

The false economy of the Coalition's short sighted cuts | Left ...

[Left Foot Forward] The Government’s ideological decision to renege on support for Forgemasters in Sheffield triggered anger but also bewilderment among people I know in Yorkshire. Cancelling this loan was a ”˜false economy’ since the investment would have brought economic benefits across an extensive supply chain, linked with universities and secured many new jobs.

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Posted at 07:07 PM

Michelle Malkin » Why does Ken Salazar hate our economy? Update ...

[Michelle Malkin] (Denver) - Western Energy Alliance (formerly IPAMS) today called on Secretary of Interior Ken Salazar to reinstate 77 leases in Utah in light of a Department of Interior (DOI) report showing that the reasons for canceling the leases were unfounded. Although the report was completed seven months ago, it was only released this week following mounting pressure from local Utah officials and the state’s congressional delegation.

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Posted at 07:04 PM

July 17, 2010

The Economy, How Bad Is It? | RedState

[RedState] A plate cleanser for this Saturday morning: The economy is so bad... That I got a pre-declined credit card in the mail.

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Posted at 05:06 PM

Economy « Dprogram.net

[Dprogram.net] Economy. Posted by sakerfa on July 17, 2010. (EconomicPolicyJournal) - Consumer Metrics Institute: In about 20 days the 2010 slowdown could be more severe on a day-to-day basis than the 2008 'Great Recession' - Read More Here ...

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Posted at 05:05 PM

July 16, 2010

The Early Word: All Economy - The Caucus Blog - NYTimes.com

[The Caucus] Obama for not delivering the private sector jobs he promised, Mr. Obama will emphasize in a speech at 1:30 p.m how the 300 fulltime jobs at this particular plant will help American workers and businesses become more competitive.

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Posted at 02:34 PM

Economy « Dprogram.net

[Dprogram.net] More deficit uproar is coming out this week to reveal the quickening pace of the planned implosion of the U.S. economy while politicians wear out the same old arguments. Read More Here. (TIME) - Government for Sale: How Lobbyists Shaped ...

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Posted at 02:34 PM

July 14, 2010

FiveThirtyEight: Politics Done Right: It Is Too the Economy!

[FiveThirtyEight: Politics Done Right] Because Barone is so good and so right (wing), many attack his analysis largely because they cannot understand it, but the opposition to Obama and the Dems and big government comes right out of the Scots-Irish immigrant roots of these people and the genetic grit and self-determination that still informs their DNA and their sensibilities. Believe it or not, but there are many, many people who don’t see the government forcing them to buy even subsidized healthcare as a government benefit but a huge intrusion in their lives.

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Posted at 07:06 PM

Economy « Dprogram.net

[Dprogram.net] Economy. Posted by sakerfa on July 14, 2010. (RussiaToday) - Video: Webster Tarpley - 'Obama, the Wall St. puppet'. The Obama administration could be nearing the finish line for financial reform legislation that has been a political ...

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Posted at 07:05 PM

July 13, 2010

Brooks: An Economy of Grinds - DealBook Blog - NYTimes.com

[DealBook] Grinds, on the other hand, tend to have started their own company or their own hedge fund. They’re often too awkward to work in a large organization and too intense to work for anybody but themselves.

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Posted at 07:05 PM

RealClearPolitics - It's Not "Just the Economy, Stupid" This Time

[RealClearPolitics - Articles] But it is far from clear the economy is what is principally responsible for driving down President Obama’s approval rating and engendering a Democratic debacle in the fall.

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Posted at 07:04 PM

July 10, 2010

How Not to Mess Up the U.S. Economy: The Key Is Boosting Demand ...

[DailyFinance] Therefore, with the United States having registered a period of enormous wealth creation concentrated in the upper 1% of society, with inflation and interests rates both low, and with too few Americans earning enough disposable income to spend in ways that would promote GDP growth and new jobs the nation needs, the federal government's policy focus should be clear: Public policies should be implemented to increase demand.

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Posted at 05:06 PM

Obama Steers the Economy | RedState

[RedState] True story. Don't believe me? Go look at this chart by Neil. Aaron B. Gardner PS Open Thread.

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Posted at 05:05 PM

July 09, 2010

CNN Political Ticker: All politics, all the time Blog Archive ...

[CNN Political Ticker] Let's see, almost 10% unemployment and no positive signs on the horizon (and let's not forget that Obama said if we spend almost a trillion dollars, that's right – with a "T", unemployment won't go above 8%), businesses told their labor costs are increasing (due to Health Care, Medicare and capital gains taxes going up, etc.), government creating hundreds of new agencies that will require excessive government jobs, and so on.

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Posted at 02:36 PM

Hot Air » Shocker: Yet another Obama “green economy” fail

[Hot Air » Top Picks] Now, it’s not as if the collapse of Fannie and Freddie was some arcane event only known by a few industry insiders, and not as though the MBS market somehow strengthened so much over the last couple of years that inducing more risk makes any sense at all.  After the disastrous results of previous government intervention with Fannie and Freddie and the poisonous effects of toxic MBS assets, the only efforts the government should be making in regard to Fannie and Freddie is extricating them from lending risk, not doubling down on it.  At the very least, one might have presumed that someone in the Obama administration might have researched the issue of senior positioning of PACE creditors and the impact it might have on the troubled GSEs.

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Posted at 02:34 PM

July 07, 2010

Pelosi: Unemployment Benefits Biggest Stimulus for Economy | The ...

[The Foundry: Conservative Policy News.] Let me say that unemployment insurance”¦ is one of the biggest stimuluses (sic) to our economy. Economists will tell you, this money is spent quickly. It injects demand into the economy, and it's job creating. It creates jobs faster than ...

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Posted at 07:06 PM

Economy « Dprogram.net

[Dprogram.net] "We will have a world government whether you like it or not. The only question is whether that government will be achieved by conquest or consent." - Paul Warburg

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Posted at 07:05 PM

July 06, 2010

RealClearPolitics - Fiddling While Economy Burns

[RealClearPolitics - Homepage] Washington gets all excited when someone commits an embarrassing or impolitic gaffe. Beyond the Beltway, people cannot understand why our leaders can't be similarly focused and energetic about the most tragic spasm of economic dislocation in eight decades.

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Posted at 07:07 PM

Economy « Dprogram.net

[Dprogram.net]  The door is open now for anyone who has lost a case against LA County to request a re-trial to be heard in a jurisdiction where no judges have accepted illegal payments, because the LA County Superior Court judges could be considered compromised.  Requests for re-trial for people who have lost cases against LA County, when a LA Superior Court judge decided the case, could include any type of case against LA County, including land use cases, Child Protective Services cases, criminal cases, wrongful termination cases and election contest cases- virtually any case against the county that was lost.

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Posted at 07:06 PM

July 03, 2010

EU Economy To Survive, Outperform US | The Big Picture

[The Big Picture] Although European stock markets all traded off into their close, southern European sovereign debt all closed at or near their highs of the day. Coincident with the bounce in the euro, the drop in yields follow the ECB credit facility that saw less than expected borrowing, some beginning of the Q buying in response to the sharp spike in yields over the past few weeks and the belief that the market demand for budget/debt discipline is being heeded notwithstanding the short term (1-2 yrs) economic pain that may result.

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Posted at 05:06 PM

Facebook's Oversized Economy Visualized

[Gizmodo: appletv, rss'xml] Because Facebook's a private company, it's impossible to know how much the site itself makes. But the value of fan pages alone is staggering, to say nothing of app giants like Zynga and CrowdStar.

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Posted at 05:05 PM