Archive for October, 2013

Money Markets

Thursday, October 10th, 2013

The Hong Kong exchange's clearing house has raised the haircut on Treasury Bills (issued by Uncle Sam) used as collateral from 1 percent to 3 percent. That means that they are worth less as collateral and as one analyst I read stated it is a warning shot fired at the ...

Missiles and Default: An Interesting Perspective

Wednesday, October 9th, 2013

The Wall Street Journal carried a piece by William Galston a political theorist who operates out of the University of Maryland.He compared the present confrontation between President Obama and the House Republicans to war. In particular he focused on the near catastrophic confrontation between the USSR and the US over ...

Addenda

Wednesday, October 2nd, 2013

http://www.dailymail.co.uk/news/article-2442115/EXCLUSIVE-Less-1-cent-Web-visitors-signing-Obamacare-state-health-exchange-websites.html I failed to attach this to previous post. I guess I am rusty.

ObamaCare via the DailyMail

Wednesday, October 2nd, 2013

The Daily Mail out of the UK reports that the first days of ObamaCare have brought heavy traffic to various state websites but a very low level of enrollment. According to the newspaper, less than one percent of visitors are actually registering. In addition, the Obama Administration will not release actual ...