2009

Back in September I posted “Now watch this drive” to explain voters’ increasing alarm at Obama’s detachment from the economic problems of ordinary Americans.  Commenting on a video featuring a famous George W. Bush gaffe, I said:…

The New York Times points out that zero percent interest rates are not designed for savers. They are a tax on savers, especially the elderly living on a fixed income. Millions of Americans are paying a high price for a safe place to put…

Below is a partial list of November FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system distress.…

Calculated Risk: Government Housing Support Update Quantifying Eurozone Imbalances and the Internal Devaluation of Greece and Spain | Claus Vistesen Consumer Groups Lobby FTC To Block Googles Acquisition Of AdMob Calculated…

Arnold Kling makes an important contribution to the debate about fiscal stimulus and double dip recessions which was also pointed out to me in the comments of my recent double dip post: Paul Krugman provides an analysis showing…

As we head into the New Year, I am trying to look back at the last one with some semblance of a coherent interpretation of events that leads to a strategic vision of the future.  I have already touched on stimulus, kleptocracy and…

Before the Christmas break, I wrote a post to tie together my thoughts on why I have found the Obama economic program so unsatisfying despite some obvious success in stabilizing the economy. This first part framed the status quo as an…

Remember when I said the following: GDP as reported From my view point point, the interesting bit about GDP is NOT inflation (i.e. real vs. nominal GDP), but rather the fact that the number which is reported is a first…

Below are two videos and an article recounting the recent social unrest in Iran. Also see Biggest protests in months take place in Iran from the FT

FT.com / Columnists / Clive Crook - The real missed opportunity in Obama's first year “Top Ten Reasons to Kill the Senate Health Care Bill” - Yves Smith Extinction Countdown: Man convicted for killing and eating China's last…