1. Business district in Paris, France, June 24, 2011 (Philipp Klinger)

    Bank Recapitalization Will Make Euro Crisis Worse

    Recapitalizing banks after they bought worthless Greek debt when they should have known better isn’t just wrong; it won’t work.

  1. A branch of Dexia bank, Belgium (EPA)

    Bank Bailout Invites Scrutiny of Belgian Credit Risk

    The partial nationalization of a Franco-Belgian investment bank confounds the financial difficulties of the Belgian state.

  1. Atlas statue in Portmeirion, Wales, October 5, 2008

    The Folly of a Financial Transaction Tax

    A bank levy will fail to raise revenue but not before urging companies to move their trades out of Europe.

  1. Atlas statue in Portmeirion, Wales, October 5, 2008

    Energy Secretary Distorts History to Promote Clean Energy

    Steven Chu claims that government was responsible for “all the technologies that led to prosperity in the United States.”

  1. Republican Senator Richard Shelby of Alabama in Washington DC, April 27, 2010 (Jeff Malet)

    Republicans Still Fighting Financial Reform

    Opposition lawmakers in the Senate are trying to stop a new consumer protection agency created under last year’s Dodd-Frank bill.