How to Protect Your Finances in a Default

Six months ago I thought a federal default unthinkable. Default now seems all too sadly possible. How can individuals protect themselves from the economic consequences of a worst-case scenario? Some thoughts: In a default, cash will be worth less (because the dollar will plunge), and debt …

Read more

Written by David Frum on Tuesday July 26, 2011

State Debt: Washington's Next Budget Headache?

As Capitol Hill takes a breather from the budget battles, here’s an overview of the unresolved debates and still-mounting spending skirmishes. Congress may have finally approved the FY11 budget this week, but the next battles have already begun. The deficit debate awaits a proposed centrist …

Read more

Written by Steve Bell on Saturday April 16, 2011