Yesterday’s big sell off wasn’t due to the recent down-grading of the U.S. credit rating. Sure it played a very minor part in it, but if you look at the markets yesterday there is something very interesting the sticks out. Investors still rushed to buy treasury bonds, which drove the 10 year interest rate below […]
The Ole' Texas & Two Step
For someone who is always out campaigning against federal spending, Rick Perry sure seems hell bent on seeing some federal money: Texas officials filed a lawsuit Thursday against the U.S. Department of Education, seeking to overturn the federal agency’s rejection of the state’s application for more than $830 million in aid that has been tied […]