The spectacle…
…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.
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Neanderthals and baseball
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 →
Waiting for Obama
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 →
That demanding public
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 →
Naked shorts and other wonders of the financial world
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 →
Dancers: and the short shall be tall
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 →
Getting gloomy about the dismal science
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 →
It’s the stupidity, stupid
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 →
Just wondering…
…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 AIG bailout
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 →
That reformist Democratic Congress
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 →
First interview with the unflappable First Dude
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 →