The G7 G20 Leader's statement, number 20., regarding the IMF's mission and governance (bold font by yours truly):The IMF should continue to strengthen its capacity to help its members...

Not only was the employment report disappointing, but previously reported encouraging leading indicators of employment were revised away. Most importantly, hours worked...

The current line of attack on Health Care reform from Republicans is that it proposes to Rob Gramma to Pay Pedro. I am not going to address the care for illegals canard today but do...

Well at least the stock market seems to like Obama's economic package. But every day I listen to CNBC analysts and others who seem to believe they did better under Bush's and want to...

The right is having a lot of fun commenting about the economic forecast by the Obama team being too optimistic. I guess they are right, Obama along with everyone else has massively...

But Steve Randy Waldman already did the heavy lifting: several of the other officers had been stationed at the height of the housing bubble at facilities located near D.C. in Northern Virginia. They lived in very modest homes which were removed from...

Down here it’s just winners and losers And don’t get caught on the wrong side of that line This will be a long post. Even with all the pictures above the fold. It started with a finger exercise during my daughter’s swim team practice: Just in...

by Bruce Webb I posted the below last Christmas Eve. Which was too late to actually discuss the issue. People decry the commercialization of Christmas, which is fair enough. And on econoblogs we discuss income inequality a lot, plus we wonder why...

UPDATE: It gets even stranger. The bankrupt-since-October-2008 Lehman Brothers is going to pay $50,000,000 in bonuses for this year. (h/t alea's Twitter feed) It appears all of the "gosh, we really made a lot of money from bailing out rich bankers...