I know that a certain number of these bad mortgages were made in response to initiatives started in the 90s to allow low-income families who otherwise couldn’t afford homes to own them. But what percentage of the current crisis involves … Continue reading →
I’ve long admired Victor Davis Hanson’s work. In this piece, one of his very best, he nails those who think academic credentials are the true indication of intelligence. Hanson’s background growing up in rural California, combined with his stellar university … Continue reading →
Send this to everyone you know. It’s short and sweet. This is also worth a view. Or two. [Hat tip: The Anchoress.]
Continue reading →It’s been shaping up for quite some time now—the Democrat explanation in the event of an Obama loss. Of course, if Obama should win the election—a distinct possiblity—excuses will not come into play. It will be the Republicans who will … Continue reading →
This sort of thing is why I kinda sorta like Joe Biden. But not enough to vote for him.
Continue reading →For those who have followed the France2/Karsenty/Al Durah libel trial, Richard Landes has some encouraging news.
Continue reading →…of Chris Dodd sanctimoniously presiding over the hearings on the current economic crisis when in fact he should be one of the people being interrogated for his own role in it is enough to make me grind my teeth.
Continue reading →I’ve long had a soft spot in my heart for Neanderthals. The ancient ones, that is, those early humans who’ve gotten a bad rap as powerful heavy-browed vulgarians, but about whose culture we really know very little, and who seem … Continue reading →
Obama is keeping mum on the details of what he thinks of all the financial plans swirling around lately, or what he would propose if he were President in these trying times. If you’re already an Obama fan you probably … Continue reading →
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 →