Daily Archives: July 18, 2011

I hear a lot of pessimism today from people who feel our system is broken and beyond hope. I disagree. I see things we can do everyday to advance the cause of wiser, cleaner, more sustainable, policies and habits. But … Continue reading →

President Obama today introduced former Ohio attorney general Richard Cordray as director of the new Consumer Protection Bureau, in an apparent acknowledgement that the mastermind behind the agency, Elizabeth Warren, couldn’t win Senate confirmation. The Consumer Financial Protection Bureau was … Continue reading →

Good discussion on relative risks of the US debt ceiling stalemate and likely impact on US Treasuries. The irony of course is that the countries with lower amounts of government debt (like Canada) have relatively lower sovereign risk but also … Continue reading →