Friday, April 8, 2011

European Crisis

PIMCO chief: Europe debt in 'crisis'(4:53)12:11pm

CEO Mohamed El-Erian says Europe's debt is in a crisis, and discusses how Asian economies are trying to slow rapid growth.




Stiglitz: Spend smarter and more()Mar 31

The economist says we need to invest in areas that have higher returns, like infrastructure, and this will create a stronger future.




Stiglitz: Tax the rich(04:17)Mar 31

The economist says the upper 1% has to be taxed more; they have 'close to a quater of all the income and 40% of all the wealth.'



Why Microsoft struggles to innovate(4:04)Mar 29

Former Microsoft COO Robert Herbold says preserving Windows and Office stopped the company from innovating in mobile.




Watchdog: TARP will lose up to $50B(6:38)Mar 25

The outgoing Special Inspector General of TARP says that even though most banks are repaying the government, TARP will lose money.




Why is Japan's yen so strong?(4:10)Mar 18

The yen is strong versus the dollar after the earthquake but Japan's debt levels could hurt the yen in the long run.




Rep. Ryan: Free health care is costly(2:36)Mar 18

The Republican House Budget Committee chairman says consumers will benefit if they share costs with health care providers.



Rep. Ryan: Tax hikes will crash economy(2:59)Mar 17

The Republican House Budget Committee chairman says the government needs to focus more on cutting spending rather than raising revenue.



Democrat takes aim at tax brackets(3:47)Mar 16

Illinois Rep. Jan Schakowsky proposes raising taxes on the wealthy and creating new tax brackets for millionaires and billionaires.




John Kerry's plan to rebuild America(5:25)Mar 15

Senator John Kerry, D-Mass., proposed an infrastructure bank that will join public and private loans for national improvements.

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