Berlusconi is desperate and he's latching on to what he can to deflect attention away from the economy; it's the most prominent chink in the armor. That's why he's jumped on the wiretapping scandals.

James Walston

Attention Economy

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The IRS audits address tax shelters. They're not giving the same level of attention to the cash economy.

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He will go, but he'll go screaming. He can perhaps hold a little longer. He is clinging with such tenacity it's staggering.

— James Walston

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Both candidates have made big promises to cut taxes. But neither has said where the money is coming from or how they'll cut the debt.

— James Walston

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He will go some way to address the problems, but he will not be radical.

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All the economics have gotten worse in the past five years. The process is going to be very painful.

— James Walston

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