Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Political Economy
Patrick Buchanan: Powell’s endorsement of Obama is about race
Race has a way of inserting itself into almost everything in America. I have always found this troubling. In this particular Presidential election, it should be the economy here, the economy there, the economy everywhere. Yet, we also…
Paul Volcker: Obama’s other economic advisor
I caught a story in the Wall Street Journal today about Paul Volcker's impact on the Obama campaign that bears passing on (hat tip Barry Ritholtz). One reason people have become more comfortable with Obama over time is because his economic…
Colin Powell endorses Barack Obama
Yesterday, former U.S. Secretary of State Colin Powell, a Republican, endorsed Democratic candidate Barack Obama for President despite long-standing support for John McCain. While I agree with the reasoning in many of the statements he…
Sarah Palin on “Saturday Night Live”
Below are the videos of Republican Vice-Presidential candidate Sarah Palin on "Saturday Night Live." I thought it showed good humor on her part to be on the show. I give her full credit despite what some critics might say. Take a look.
Bill Poole calls Treasury capital injections unconstitutional
Recently, the U.S. Treasury forced government capital injections onto nine U.S. financial institutions (JPMorgan Chase, Bank of America, Bank of New York Mellon, Citigroup, Wachovia, Goldman Sachs, Merrill Lynch and Morgan Stanley). While…
Kathleen Parker on Stephen Colbert
Conservative U.S. Columnist Kathleen Parker was a guest on Stephen Colbert's show last night. She gained notoriety for her criticism of Sarah Palin as John McCain's running mate. Below is a clip of her on Colbert giving her two cents on…
Statistic of the day: George W. Bush’s ratings
As the economy has faltered, George W. Bush's approval numbers have plummeted. All of this has occurred despite Americans' belief that the strategy in Iraq is bearing fruit. And last year, Iraq was a central issue for most voting…
Quote of the day: John McCain
Talking about how he will fare against Barack Obama in the upcoming third and last U.S. Presidential Debate, John McCain said:"We're going to spend a lot of time and after I whip his you-know-what in this debate, we're going to be going…
The EU agrees to guarantee bank borrowing
The European Union has finally shown that it can get Europe-wide crisis initiatives of significance passed. Not only many EU countries guarantee bank deposits, but now bank borrowing has been backstopped as well. At first blush, this…
Australia guarantees bank deposits for three years
This comes from the Sydney Morning Herald. I will have a comment on this post later today.UPDATE: combined with the news out of the EU regarding bank backstops and interbank guarantees, the news from Australia is now being greeted quite…