The increase in the interest bill of the US government is an underreported story.   The CBO reports that FY 2006 interest payments will be about $40b more than FY 2005 payments.  And that trend is se…

Fitzgerald now has an office above the TREASURY Starbucks?!? UPDATE: Guess not.  Fitzgerald is still across the street from the Treasury Starbucks.And Bill Gross is hip.  He is a BLOGGER. He does not…

Alan Gross begins his fourth year in a Cuban prison tomorrow, having been jailed on December 3, 2009.  The State Department issued a good statement:   Tomorrow Alan Gross will begin his fourth ye…

Bill Gross of PIMCO certainly seems to think foreign central banks matter - despite the arguments from some in the Fed (and the Treasury).Foreign central banks made famous and in fact prosperous by t…