Posts Tagged ‘tax revenues’
Ireland Downgraded Again
Monday, June 8, 2009 7:41 1 CommentStandard & Poor’s downgraded the credit rating of Ireland for the second time this year. S&P cited the vast amount of money the government must continue to throw at the nations banking system.
The rating was cut down to AA, from AA+, moving it to the same level the United Arab Emirates as Japan, and Slovenia [...]
Too Big to SAVE?
Monday, March 2, 2009 16:26 3 CommentsWe hear much about institutions being too big to fail, and so, the taxpayer is expected to bear any cost to save large financial companies. We think that the more relevant question to ask is whether these institutions are too big to save?
With the passage of the most recent bailout bill, the taxpayer is now [...]





















