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Browsing Category
Political Economy
Eurozone imbalances weaken trust in the euro and undermine euro area cohesion
Edward Hugh here. This is a first post at Credit Writedowns, one which was originally published at A Fistful of Euros. Expect to see more content from me here in future. The post title is the conclusion drawn - rather surprisingly - not by…
President Obama, are you listening?
Earlier in the week, I wrote a post-mortem on the Massachusetts Senate race won by Scott Brown. I saw the results as a signal that Americans are worn out by fraud and corruption. I found one comment from a registered Democrat particularly…
The latest on the Bernanke confirmation
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…
Did Brown’s win spark Obama’s war on Wall Street?
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…
Grading Obama’s economic policy after one year
The Democratic defeat in yesterday’s Massachusetts Senate race puts a punctuation mark on the grinding erosion of support for the Obama Administration and its economic policy in a tough first year. Clearly voters were sending the…
Haiti donation efforts
There is an easy way to donate in order to help victims of Tuesday’s earthquake in Haiti. The American Red Cross has set it up so that you can make $10 donations by cell phone. From your cell phone, send a text message to 90999 with the…
Bubbles, Employment and Recalculation
Calculated Risk has a post out today called Bubbles and Employment. The gist of the post is that interest rates play a role in creating bubbles as demonstrated by data on employment and common property yard-sticks like price-to-rent and…
Terrorism, full-body scans and privacy in the digital age
I am reminded of the 2002 Spielberg movie “Minority Report” when I think of the digital age, terrorism and privacy concerns. The movie is interesting not just for its Big Brother overtones, but also because of its prescience on…
Bloomberg continues to push the Geithner-AIG cover-up issue
Below is the latest Bloomberg News video on the Geithner-AIG cover-up. Congressman Darrell Issa (R-CA), who learned by investigation that the NY Fed asked AIG to withhold information about payment to its counterparties, is now asking…
Fire Geithner Now!
This is a post which originally appeared at New Deal 2.0 by Randall Wray on why President Obama needs a new economic team, starting with Tim Geithner. L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas…