Here’s Cristopher Caldwell in Financial Times on the origins of the current financial crisis: In a sense, the public has willed its way into government intervention by entertaining socialist expectations of a capitalist economy. Housing values were not supposed to … Continue reading →
Here’s today’s market bulletin from that newly-minted financial “expert” of the day, neo-neocon. This comment from reader “John F. Opie” got me thinking about how the practice known as fair value accounting enters the current picture (see this for Opie’s … Continue reading →
There’s a new star on the New York City Ballet horizon: Daniel Ulbricht. The fact that I’d never even heard of him (or most of the current dancers in the company) until I read this article reminds me how long … Continue reading →
How did all these brilliant economic minds, and our dedicated public servants in Congress and the White House, fail to foresee and prevent the current fiscal crisis? My take on the matter is not the opinion of an expert; au … Continue reading →
Michael Seitzman knows what’s wrong with with McCain/Palin/Bush voters: they’re knuckledragging IQ-challenged morons (perhaps they’re even moronic enough to think that Bush isn’t running for re-election this year. But how would I know? After all, I’m just one of them.) … Continue reading →
…why the McCain campaign doesn’t whip out an ad showing the deep links between Obama’s economic advisors Johnson and Raines and the current crisis?* Or Obama’s own receipt of contributions from Fanny and Freddy? Or McCain’s own warning two years … Continue reading →
The Feds decided that sometimes there can be too much tough love, and so a creative loan was cobbled together for failing AIG. Even most fiscal conservatives seem to think AIG was too big to let sink; it could have … Continue reading →
Love that Pelosi. Rangel’s woes? Nothing much to see there; moving right along. ‘ Democrat involvement in the long and complex build-up to the current subprime mortgage crisis? Nah; it’s all the Republicans’ fault, according to Pelosi. Forget history, forget … Continue reading →
Okay, so I watched it. So sue me; I couldn’t resist. And I am here to declare that, in the Todd Palin interview with Greta Van Susteren on Fox, it has been conclusively determined that Todd Palin, First Dude of … Continue reading →
The current financial crisis proves the maxim that there’s no free lunch—or rather, there may seem to be a free lunch, but the bill is merely deferred, and ultimately it comes due with interest. How is it that all these … Continue reading →
…how many articles there have been giving Obama helpful advice on what he should do to win the election? Here’s just one, but there have been tons of them ever since he started slipping a wee bit in the polls. … Continue reading →
This is shocking, if true.
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