At the WSJ’s CEO Council, Treasury Secretary Henry Paulson and one of his predecessors, Lawrence Summers, spar over what the most-appropriate corporate tax rate should be in the wake of the U.S. financial-markets meltdown.
IF ANYONE KNOWS WHERE THE FULL VIDEO OF THIS EVENT MIGHT BE, PLEASE LET ME KNOW
11/17/2008
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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November 18th, 2008 at 6:41 pm
BR these type of video links never work for me.
Cost of Berkshire’s credit swaps up four fold it seems. Not good.
http://www.bloomberg.com/apps/news?pid=20601087&sid=awMIhCcHAcXU&refer=home
My house lot size is only 150 x 50. Not enough to do farming. I suppose I’m screwed.
November 18th, 2008 at 6:46 pm
Interesting link JM. The video is dead for me too.
November 18th, 2008 at 6:48 pm
Here is a link that works.
http://online.wsj.com/video/ceo-council-paulson-summers-spar-over-corporate-tax-rates/9051D3FB-3437-4976-B95B-6456A37DBC5F.html
November 18th, 2008 at 7:08 pm
Lowering taxes won’t help. The gov’t has overspent. BR’s state chart the other day showed it well. I got a bad feeling futures are going to be way down by the time we all awake.
November 18th, 2008 at 8:07 pm
Works fine for me now . . .