Posted inTimes Record Opinion

Michael Reagan: The crisis of the week is — banking

Banking must have been next on the to-do list of the things the Biden administration is planning to destroy. In two years, President Biden and the wrecking crew of crazies, wokesters and career incompetents he has put into his government have screwed up every corner of America. Everything from the economy and our military to […]

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Posted inTimes Record Opinion

The Conversation: Worst bank turmoil since 2008 means Federal Reserve is damned if it does and damned if it doesn’t in decision over interest rates

THE CONVERSATION — The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold. Making another big interest rate hike would risk exacerbating the global banking turmoil sparked by Silicon Valley Bank’s failure on March 10. Raising rates too little, or not at all as some are […]

Posted inTimes Record Opinion

The Conversation: The collapse of major US banks leads to bills calling for more regulation

THE CONVERSATION — When Silicon Valley and Signature banks failed in early March 2023, government regulators rushed in to guarantee deposits and protect bank customers. Under current banking regulations, though, there was no obligation for the government to step in. Now, both Democratic and Republican politicians are making pronouncements about whether bipartisan-backed deregulation in 2018 led to the […]

Posted inTimes Record Opinion

Just a Little Old: Facing up to our fears

“Who’s afraid of the big bad wolf?” Remember that catchy song from “The Three Little Pigs,” a Walt Disney classic? How about “The Boy Who Cried Wolf,” Aesop’s Fable about a boy known to be a liar who wasn’t believed when he alerted the villagers to a real wolf. And then there’s the phrase “keep […]

Posted inTimes Record Opinion

Letters to the editor: Mudslinging over Frank J. Wood Bridge; Need for paid medical leave; Standing with asylum seekers

Mudslinging over bridge uncalled for In a column (March 15) arguing against building a new bridge to replace the rusting Frank J. Wood Bridge, John Graham throws mud on three people who have served this community well: Cory King, executive director of the Southern Midcoast Maine Chamber of Commerce; Bruce Van Note, commissioner of the […]