Free Republic

* Delay would avoid 1st quarter results period * Source: Treasury still mulling stress test disclosure (Adds details on stress tests, byline) By Karey Wutkowski WASHINGTON, April 7 (Reuters) - The U.S. Treasury Department is planning to delay the release of any completed bank stress test results until after the first-quarter earnings season to avoid complicating stock market reaction, a source familiar with Treasury's discussions said on Tuesday. The Treasury is still talking about how results of the regulatory stress tests on the 19 largest U.S. banks will be released, and may disclose them as summary results that are not...

Barack Obama and the FDR-Great Depression Mythby Michael Fumento (more by this author) Posted 11/26/2008 ET The cover of Time magazine has Barack Obama photoshopped into Franklin Delano Roosevelt’s famous convertible, complete with oval-shaped glasses and cigarette holder held between the teeth. “The NEW New Deal,” The cover reads. Surely many who voted for Obama saw him as potentially the new FDR, the man to lead us out of hard economic times. But they’ve been misled, for even FDR wasn’t FDR. He is a quasi-mythical creature who not only didn’t end the Great Depression but probably greatly prolonged the...

Talking Ourselves Into A Depression By INVESTOR'S BUSINESS DAILY | Posted Friday, October 10, 2008 4:20 PM PT Economy: Feeling a bit, well, depressed? It's not surprising. Headlines around the world are filled with the D word, as if an epic global economic collapse were inevitable — especially here in the U.S. It isn't. No, we're not hopelessly out of touch. As our coverage shows, we know how serious the current financial mess is — and how important it is to the U.S. and the rest of the world that we begin to settle down our markets.