2010

My favorite economic entertainer is back with his usual over-the-top semi-apocalyptic comments about government officials, the U.S. and more.  Here are a few choice quotes from Dr. Doom followed by the full videos of his session on…

Back in July, Ed pointed to some comments by George Soros on currencies that I felt were perceptive. Soros said: The dollar is a very weak currency except all the others. With most major currencies down significantly against the…

This is pretty funny.  Hat tip Linda.   By the way, Linda, this is not my Libertarian ideal! It’s called anarchy.

Marshall Auerback here with a post which I originally published at New Deal 2.0. I wrote an earlier post called Spain: Deficit Terrorism in Action to explain some of the institutional flaws at the heart of the euro zone.  This post…

I woke up this morning thinking about James Baker’s October 1987 comments on the dollar which many feel precipitated the 1987 crash. This was on my mind as I contemplated the implications of Obama’s recent regulatory announcement bombshell.…

The Senate Republicans are making procedural maneuvers to delay the Bernanke confirmation for re-appointment as Fed chair (hat tip Marc Chandler).  There is talk of a filibuster being used as a tactic to squelch his nomination before…

Obama and the War on Wall Street Yesterday’s announcement on bank regulation by President Obama is a key turning point in his Presidency.  It means a whole new world of uncertainty for banks and bank stocks and could be just the…

This is pretty major stuff: Goldman recorded negative compensation in Q4 as zero bonuses are accruing for the quarter. Reuters says: The bank recorded negative compensation expense in the fourth quarter because of the contribution to…

That’s the gist of yesterday’s post by James Pethoukoukis.  The column says: A historic victory, really. It is hard to overstate just how “blue” a state Massachusetts is. Obama won it by 26 percentage points in 2008. Until now…

The Big Picture has picked up on what appears to be an interesting development over at the NBER’s site. It seems like they are hedging there bets on a possible double dip recession beginning in late 2010 or 2011. As you may know, the NBER…