Tag: Politics

P.I.D. Radio 8/10/11: We Blame London, We Blame France

STOCKS DROPPED again today, wiping out gains yesterday as nervous investors reacted to speculation that France’s credit would be downgraded and worries about bank solvency. Meanwhile, the drums continues to… Read more »

P.I.D. Radio 8/6/11: A-Plus Plus Plus!

STANDARD & POOR’S downgraded the debt of the United States to AA+ after the close of business Friday, a move that some analysts think could trigger the second dip of… Read more »

P.I.D. Radio 7/31/11: From Future Congress to Super Congress

AS WE record this on the afternoon of July 31, 2011, the U.S. Congress is wrangling over details of a compromise to raise the federal debt ceiling.  Several news sources… Read more »