Barack Obama

President Barack Obama was elected last year in a sizable victory over his Republican competitor. Bolstering his position was the huge Democratic majority in both houses of Congress. Given these advantages, combined with intelligence and…

Judge Robert Gerber has given General Motors approval to sell its assets under section 363 of the bankruptcy code.  Last month I indicated that this 363 sale was more questionable than Chrysler’s and could meet more resistance in…

Here is more from Dylan Ratigan’s new show on MSNBC.  Arianna Huffington and Eliot Spitzer were guests.  They all have noticed that Barack Obama has spent an inordinate amount of political capital and money on the financial…

I am re-posting this February article because it is clear that many of the policy dilemmas Barack Obama is now facing on the economy were wholly predictable. In this post and another from January, I argued that it was better to have zero…

This is the video via Bloomberg News.  I will have more to say later today or tomorrow and provide a clip from a BBC Radio Five Live interview I did immediately following the speech.

From Charlie Rose’s site: “Reaction to President Obama's speech in Cairo with Mohamad Bazzi, Roger Cohen, David Ignatius and Robin Wright.”

This is a post I originally posted over at Yves Smith's site, Naked Capitalism, in April 2008. My intent here is not to malign Obama, Roosevelt or Hoover or make facile comparison but to identify important differences between the economic…

This post was an April Fool's joke. We all know this is not going to happen anytime soon.

In 2 hours I will be on BBC World News Today talking about the recent government actions involving the auto industry. Afterwards, I will have more to say about this here. In the meantime, here is what Barack Obama had to say.

OK, well this is just an actor in a comedy skit from Saturday Night Live getting angry.  But, it is pretty funny.