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  • NJEA president at rally accuses Gov. Christie of trying to start a 'middle-class civil war'

    02/25/2011 12:40:51 PM PST · by Sub-Driver · 48 replies
    NJEA president at rally accuses Gov. Christie of trying to start a 'middle-class civil war' Published: Friday, February 25, 2011, 2:30 PM Updated: Friday, February 25, 2011, 3:25 PM Matt Friedman/Statehouse Bureau TRENTON — In front of a crowd of thousands of protestors, the president of the state’s largest teachers union accused Gov. Chris Christie of trying to foment a civil war within the middle-class. “All of New Jersey’s middle-class is hurting, but this governor and his right-wing supporters are trying to start a middle-class civil war,” said New Jersey Education Association President Barbara Keshishian. As she spoke, thousands of...
  • Why the Bond Auction Fizzled: Fears of a 'Fiscal Train Wreck'

    03/24/2010 3:45:26 PM PDT · by CutePuppy · 74 replies · 2,697+ views
    CNBC ^ | March 24, 2010 | Steve Liesman
    The results of today's Treasury auction were a shot across the bow of the government.And, according to David Zervos, head of fixed income strategy at Jeffries, may be an indication of just how skittish some investors are feeling about the fiscal soundness of the United States, in light of big government spending for health care and other costly programs.“It’s the health-care realization trade,” Zervos told CNBC, post-auction, from the firm’s trading floor. “We’re coming to grips with the fact that we have a Congress that’s ready to go, and spend.”Zervos, who worked at the Federal Reserve in Washington, DC last...