News from around the web: 2009-10-17

Repudiation of Bush. Not all tax cuts are created equal.

Is her star rising?

This is a 29-year old in a key regulatory position.

Sounds like hype to me.

Racism is alive and well in America

"you never see a surplus of savings over investment in the figures as these two are defined to be identical."

This is good news. Well needed.

Roberts is a very right of center Cato Institute Libertarian who was also a Reagan official. He regularly writes on Pat Buchanan’s site. And he is saying exactly what I have done: we are witnessing kleptocracy. This has nothing to do with free markets, people. It is crony capitalism – Latin-American style, which hollows out the middle class Latin American-style. Studies have shown a widening gulf between the rich and the rest leads to strife and political instability (again Latin America style). Why can’t people see this?

"Read the footnotes first, because that’s usually where the bodies are buried."

The guy is 29. I’m sorry, but there is no way he has enough experience to do this job. Enforcement at the SEC is a key regulatory function.

Huge credit losses everywhere. Surprised at CFC’s low quality.

Disastrous. Citi is still a basket case.

Sounds like they’re betting on the bubble ballooning even more.

There is downside risk in residential property too.

Damning evidence Obama is more of the same

Brilliant post! In a nutshell, don’t believe the hype, but, more importantly, don’t give up the fight!

We need China revaluation and global regulation.

Well-informed comments on the crisis and the economy

The pressure was too much. Falcon puked on live TV. Poor kid.

Ratigan goes ballistic over derivatives.

Distraction of the Day: Texas Woman Lives With Husband’s Corpse