Harry Reid Archive

WSJ- Boehner pulls out of debt talks….

As previously discussed, the President is no longer involved, and if Congress does get a bill to his desk he’ll sign it. Grand Bargain Talks Collapse By Carol E Lee and Janet Hook July 22 (WSJ) — A high-stakes effort by President Barack Obama and House Speaker John Boehner to hatch a ...Read More

Lodging Operators Continue to Report Declines in RevPAR

[Skip to the end] Will sleep better tonight! >    >   (email exchange) >    >   On Thu, Aug 13, 2009 at 3:14 PM, Brian wrote: >    >   Don’t worry Warren. Harry Reid is riding to the rescue to save the boondoggle, >   for govt employees at least. >    Don’t “discriminate” plan your boondoggle today! Finally, some help, ...Read More

On the floor of the Senate today

[Skip to the end] From the last two paragraphs it looks like another fiscal package is on the way? Interesting how little damage to the real economy it takes to trigger a fiscal response – GDP last printed at 3.3% and the relatively modest job losses are not nearly enough to have ...Read More

NYT: Fed to Give A.I.G. $85 bln Loan and Takeecon

[Skip to the end] The Fed has a major strategic advantage over private sector buyers. With the Fed making the loan, credit spreads in general should narrow. This will add value to AIG’s short credit position which is where most of the mark to market losses are. So the Fed’s actions to ...Read More