Obama confounds civil libertarians

Count me in the crowd of Civil Libertarians who are perplexed by Barack Obama's move to the center and rejection of basic civil liberties. He has come out in favor of a bill on wiretapping proposed by the Bush Administration that gives…

New Crisis Threatens Healthy Banks

The Washington Post has a story on regional and healthy banks that I highly recommend. Essentially, we are past the first wave of writedowns and are moving into phase two where it won't be about derivatives and RMBS's as much as underlying…

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