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Category Archives: Finance and economics

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Government “creating” jobs

The New Neo Posted on June 30, 2010 by neoJune 30, 2010

Yesterday I wrote a post that was about (among other things) Obama’s failure to deal with the unemployment problem. Then I saw this comment from “Ilion:” This off focus on “jobs” (for “jobs” are not in the bailiwick of government) … Continue reading →

Posted in Finance and economics, Politics | 29 Replies

Krugman: hey, big spender

The New Neo Posted on June 28, 2010 by neoJune 28, 2010

Tim Cavanaugh writes that Paul Krugman has become a laughingstock both here and abroad for his devotion to Keynesian spending in the face of overwhelming deficits and the burgeoning threat of bankruptcy in many countries of the western world. The … Continue reading →

Posted in Finance and economics | 39 Replies

The financial overhaul bill: brought to you by Dodd and Frank

The New Neo Posted on June 25, 2010 by neoJune 25, 2010

I hope that this isn’t another bill we’ll have to pass to find out what’s in it. But that appears to be the case. The much-touted compromise that’s finally been reached is an agreement mostly among Democrats. A spokesperson for … Continue reading →

Posted in Finance and economics, Politics | 12 Replies

Beware the lame-duck Congress: is cap and trade dead?

The New Neo Posted on June 23, 2010 by neoJune 23, 2010

There have been so many issues coming up fast and furious lately that the mind reels. But remember cap and trade? This administration does. Here’s my new PJ article speculating on what they might do about it.

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Posted in Finance and economics, Politics | 20 Replies

Remember Bernie Madoff?

The New Neo Posted on June 7, 2010 by neoJune 7, 2010

He’s pretty sure you do. This article from NY Magazine makes it clear that Madoff’s arrogance remains undiminished, even (or perhaps especially) in prison. It contains some fascinating nuggets, such as a purported conversation between Madoff and convicted spy for … Continue reading →

Posted in Finance and economics, People of interest | 18 Replies

Hey, remember that pivot?

The New Neo Posted on June 1, 2010 by neoJune 1, 2010

Didn’t happen. I guess it was a 360 pivot rather than a 180.

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Posted in Finance and economics | 15 Replies

The welfare state’s dirty little secret is out

The New Neo Posted on May 24, 2010 by neoMay 24, 2010

And it’s simple: with low birth rates, the young end up working to support the old, and then the state is likely to run out of money before their time comes to benefit. It’s starting to happen all over the … Continue reading →

Posted in Finance and economics | 85 Replies

Bye-bye to the euro?

The New Neo Posted on May 21, 2010 by neoMay 21, 2010

Are reports of the euro’s imminent demise greatly exaggerated? Or will we see its end in the not-too-distant future, because the life support system its richer members are trying to construct is doomed to failure? Jeff Randall thinks it’s the … Continue reading →

Posted in Finance and economics | 30 Replies

Churchill and the EU

The New Neo Posted on May 20, 2010 by neoMay 20, 2010

Timothy Garton Ash says that Europe needs a new Churchill to add “dynamism” to the moribund EU: The European Union is still the world’s largest economy. It has enormous resources of hard and soft power, at present much bigger than … Continue reading →

Posted in Finance and economics, History | 27 Replies

Another domino theory: Europe and the global economy

The New Neo Posted on May 17, 2010 by neoMay 17, 2010

There are frightening financial rumblings from Europe. It’s not just about Greece, either, nor even limited to Europe. The last few decades have intertwined the economies of the entire world more tightly than ever. This seemed like a good idea … Continue reading →

Posted in Finance and economics | 61 Replies

The 2010 US election: as Europe goes…

The New Neo Posted on May 13, 2010 by neoMay 13, 2010

…so goes the 2010 US election?: …[I]t does appear to many that within the Obama administration and the Democratic congressional leadership there is the sentiment that America would be a better place if it were more to resemble Western Europe… … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Politics | 56 Replies

Wall Street mystery

The New Neo Posted on May 11, 2010 by neoMay 11, 2010

Do we yet have any idea what actually happened that day the market fell so precipitously? [NOTE: This guy says he knows why it happened. But to me, his explanation sounds like “it happened because it happened.” Why did it … Continue reading →

Posted in Finance and economics | 29 Replies

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