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Archive for May 2010

Global exposure to European default

There’s more discussion of how the European sovereign debt crisis is global in scope. Tony Barber of the Financial Times writes about a Royal Bank of Scotland report, published on Monday, that suggests that banks outside of southern Europe have much greater exposure than previously thought. RBS estimates that institutions outside of Greece, Portugal and […]

Racism reduced to a liberal smear

Last week Rand Paul made some comments about his support for the 1964 Civil Rights Act during an interview with Rachel Maddow on MSNBC, and the media commentary has continued to run since. Paul suggested that Act should not have covered discriminatory policies of private businesses. It’s hard to see the relevance of having a debate about […]

May 2010
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