The UK election just got a lot more interesting in a big negative way for the British pound. As most of you know, the election ended without a clear majority for any party. The Conservatives or Tories won the most seats and votes, but would need to create a coalition with the Liberal Democrats to reach a majority. The same holds true for the Labour Party. The Lib Dems had been working with the Tories to hammer out an agreement by which a coalition would be formed. The Lib Dem leader Nick Clegg was attempting to get the Tories to … …READ MORE
Tag Archives: Brown
Following The Father of Modern Economics
By maintaining a quixotic filibuster against a Senate jobless bill, Senator Jim Bunning lit the fire of Democratic and Republican hyperbole against him. From Democratic Senate Majority leader Harry Reid to Republican Senator Olympia Snowe, they all asked him to relent and simultaneously criticized his one-man party of no. The Democrats seized on the filibuster as an example of Republican obstructionism and a strategy of block and delay. Under tremendous pressure from both sides, Bunning relented and the Senate passed a bill extending jobless benefits through April 5th.
This situation underscores exactly how difficult it will be for anyone in … …READ MORE
