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Why Durbin II Will Wreck the Credit Card System As We Know It

Richard Hunt, RCM

When I went to my first baseball game in 1974 the hotdog, souvenir and beer vendors did not take credit cards. Cash was king. Yet, cash wasn't very convenient. It had to be counted, sorted, locked up...

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Blankfein Says Feud With Solomon 'So Overplayed'

Charles Gasparino, New York Post

While conceding his criticism of Solomon's "DJing" is real, he said the two have patched up their relationship so much they are now in regular contact.

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Stock-Market History Signals Looming Mkt. Weakness

Stephen McBride, RiskHedge

I woke up a very proud dad.

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'Fed Solvency' Is Yet Another False Fear to Dismiss

Market Minder, Fisher Investments

Fed losses are accounting entries, not real-world holes in need of immediate plugging.

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3 Competitiveness Takeaways From Jackson Hole

Dane Stangler, RealClearMarkets

Media coverage of the Kansas City Fed's annual Jackson Hole Economic Symposium has predominantly, if understandably, focused on Fed Chair Jerome Powell's comments regarding the future path of...

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The Fed As Inflation Fix? Sorry, but Markets Aren't That Stupid

John Tamny, Forbes

Central bankers would logically be last to the scene of any inflation crime.

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To Save U.S., Save the Internal Revenue Service

Dominic Green, Washington Examiner

The history of government is the story of bureaucracy. From temples, grain stores, and cuneiform tablets to ministries, standing armies, and the IRS website, the grasp of a government has been shaped...

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