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Elizabeth Warren on Bank Bonuses, Power of Bank LobbiesOct 16, 2009
Two good segments from an interview with Elizabeth Warren of the Congressional Oversight Panel (hat tip reader Scott) at Tech Ticker:
Warren discusses how banks are winning, hands down, in...
Greed is not goodOct 15, 2009
In the 1987 movie classic Wall Street, the sinister protagonist Gordon Gekko played by Michael Douglas gives this famous quote:
In the last...
Guest Post: How Bad Will Unemployment Get, And What Can We Do About It?Sep 8, 2009
Unemployment is disastrous on both the individual and societal level.
Individuals who look for work but can’t find it are miserable. Indeed, most...
Is China Japan Circa 1989?Aug 29, 2009
It must be lonely being a China bear....particularly for those dubious about its longer term prospects, as opposed to those who might simply think its stock market is a bit ahead of itself even...
Revisiting employment indicators for signs of recoveryAug 10, 2009
If you recall, at the end of May, I wrote a post “Both initial claims and continuing claims now pointing to recovery†that said jobless...
The China Decoupling Myth?Dec 4, 2009
One of the motherhood and apple pie items in econ-land is that the world needs global rebalancing, which is code for China has to stop being a mercantilist and currency manipulator, and the US has to quit borrowing a ton and overconsuming (or...
Republican on Senate Banking Committee to Place Hold on Bernanke ConfirmationDec 3, 2009
It’s one thing for Bernie Sanders, who is an independent in more ways than one, to put a hold on Bernanke’s confirmation (a threat to filibuster, which if executed, will at a minimum will mess up the Senate’s calendar for a few days) and quite another...
Links 12/3/09Dec 3, 2009
Dear patient readers,
Thin/no posts from me for next 24 hours plus. Meetings, packing, and flying on the agenda.
Big Freeze: Earth Could Plunge into Sudden Ice Age Live Science (hat tip reader John D)
The dark side of Dubai Johann Hari, Independent...
"Administration Considering Additional Subsidies and Tax Breaks"Dec 2, 2009
By Augustus Melmotte, who lives and works in Hedgistan.
The administration is examining strategies for encouraging the ownership of fluffy kittens. “I think we can all agree,” the president said, “that in troubled times stroking a fluffy kitten...
Progress on "No on Bernanke," Including Sanders Putting Hold on ConfirmationDec 2, 2009
The efforts to block Bernanke’s confirmation are getting some traction.
First, Bernie Sanders of Vermont said he is putting a hold on Bernanke’s confirmation. A hold (in lay terms) is a threat to filibuster. This is actually pretty serious and seldom...
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