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Continue reading →Category Archives: Finance and economics
Dueling Madoff interviews
Bernie and Ruth Madoff, who no longer speak to each other (at her request) since their son’s suicide, have nevertheless got dueling TV interviews going. Hers will be seen on this Sunday’s “60 Minutes,” while his with Barbara Walters is … Continue reading →
The stock market…
…is a complete mystery to me: “Dow headed for best October ever.
Continue reading →So, what do you think…
…of Perry’s plan?
Continue reading →Why are these cities so empty?
Here are the five emptiest cities in American today. Anyone know why these particular ones (I’m busy today and don’t have time right now to do the research)? Were they especially overbuilt in terms of housing during the go-go years? … Continue reading →
Dropping the CLASS Act fiction
Now that it’s not needed any more to help the CBO score Obamacare as reducing the deficit, the CLASS Act portion of the bill is being dropped and revealed as the dysfunctional charade it always was: “CLASS is a critical … Continue reading →
The Occupy Wall Street protests
You may notice that I haven’t written a word so far about the Wall Street protests, although plenty of others have. That’s because I don’t think these demonstrations are going to end up being especially important in the larger political … Continue reading →
The EU/euro concept: going down together
I must confess that I didn’t pay a great deal of attention to the way the EU and the euro began. What did it have to do with me, anyway [sic]? The only time it would affect me directly would … Continue reading →
Madame Roseanne Robespierre…
…says “off with their heads!” Or maybe it’s the Queen of Hearts Roseanne’s channeling. Which one you think it is may depend on whether you find Ms. Barr amusing or not. She certainly doesn’t seem to be making a joke … Continue reading →
Buffett opines on the Buffett rule
Buffett isn’t so sure he likes the Buffett rule, although he’s still sure he likes Obama. Nor is he all that certain that he knows how Obama plans to define it. This is the Buffett rule as Buffett now says … Continue reading →
On the EU folly
Shorter Daley on the EU: good fences make good neighbors. “Consensus” has become coercion. The imperatives of federalism and ever closer union have come bang up against the basic principle of democracy: that elected governments should be answerable to their … Continue reading →
Fact-checking Obama
This AP article fact-checks Obama on the topic of millionaires paying at a lower tax rate than their secretaries: On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to … Continue reading →