How Government Gridlock Would Harm the Economy

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Then: Heads impaled on stakes along the Southern border!

Pershing of AZ 9:27PM November 03, 2010

You people are sent there to work together for the good of all this country........WARNING........WARNING........WARNING. If you can't play together, then you will be sent home , simple as that. So we know what gridlock is and it better not happen...................

Randy of AL 1:25PM November 03, 2010

Untill Americans understand that ALL politicians only want two things. your vote and your money. how bout congres donates their time for free and then hurry and go back home to work their real jobs like the rest of us. That is how our founding Fathers ran Washington if anyone cared to read the history books.

Rand Nelson of AR 8:51AM October 28, 2010

DEFEAT REPUBLICONS, THEY HAVE CRASHED THE ECONOMY AND EXPLODED THE NATIONAL DEBT BY TRILLIONS OF DOLLARS ON FRAUDULENT OIL WARS, WHAT WMD ? THE CONS BAILED OUT WALL STREET BANKERS AND IGNORED JOE THE PLUMBER, DUMP THE CONS FOR THEIR FAILED TRICKLE DOWN POLICIES AND LIES. DUMP THE CONS FOR ALLOWING 911 WHEN THEY KNEW THE TERRORISTS COULD NOT LAND THE PLANES.

JIM of CA 9:50PM October 27, 2010

Why do people post without true information? The President is not trying to bankrupt the country. You need serious help. And no we don't all know it. It is the demons in your head.

Richard Horn of TX 6:03PM October 27, 2010

Did you hear we're the "enemy" now? If we happen to resent working for our living instead of drawing government checks and every other free benefit afforded to everyone except native-born citizens that we're the enemy? Obama told the hispanics they need to go and vote to punish the enemy and reward those who are standing up for our rights being theirs. So this is what it's come to? Frankly a firing squad is too good for him.

Diana of TX 3:28PM October 27, 2010

It's not a grid-lock if it doesn't do anything except put the brakes on this insane spending. I know Obama's doing it on purpose to bankrupt the United States. We all know it. I prayerfully ask that someone has enough authority to grid-lock it, refuse to fund it or repeal it all altogether.

Diana of TX 3:24PM October 27, 2010

This article definitely had a pro-democrat bias to me.

Ryu of NV 1:02PM October 26, 2010

We regularly read your articles and enjoy your content. Below is a statement that we issued Friday morning that you may find of interest.
President’s Working Group Report Extends Uncertainty for Money Fund Managers
The President’s Working Group on Financial Reform issued an unusually inconclusive report on Money Market Mutual Funds. Published thirteen months after it was originally expected, the report simply encourages the newly formed Financial Services Oversight Committee to take up the matter.  Treasury Strategies partner, Anthony J. Carfang, notes that conspicuously absent from the report were a ‘conclusions’ section and a ‘recommendations’ section. It was, rather, an enumeration of the pros and cons of already widely discussed policy options. Carfang suggests that this omission was a tacit acknowledgement that none of these options are superior to the status quo.  Importantly though, the report concedes that all these options, ranging from a floating NAV, to insurance, to a two-tiered fund structure, have serious unintended consequences. The primary concern stated in the report is that corporate and institutional investors can easily move their money out of money market funds and into instruments or geographies that are beyond the jurisdiction of U.S. regulators. It would be unwise for regulators to drive this important funding source for public and private sector borrowers offshore.  Treasury Strategies, a consulting firm specializing in treasury management and liquidity for banks and corporations, has reported consistently over the past two years that onerous regulation of money funds would push capital offshore. Corporate treasurers and institutional investors understand the risk – reward tradeoff and they have the tools and technology to manage their funds from any point around the globe.  www.TreasuryStrategies.com

Treasury Strategies of IL 8:44AM October 26, 2010