Caroline Baum

I was catching up with some of my reading when I happened across a quote from 1930 twice, which led me to write this post on how poor the Obama reform agenda really is. And I want ask you: is Obama Change you can believe in? The first…

Kevin Phillips: The New Politics of Inflation: Asian and Monetary "As of 2009, from Turkey and the Persian Gulf east to Indonesia, China and Siberia, it's Asia's turn to make the waves, rock the global financial boat and set a new…

Australian real estate values rise House and flat prices in Australia increased in value by 1.6% in the first three months of the year, according to RP Data-Rismark, helped by a scarcity of supply, lower interest rates and incentives to…

FT Alphaville » Just how big a problem is falling capacity utilisation? Nice reference to Austrian School economist Josef Steindl. "Former commodity mega-bulls Goldman Sachs are expecting markets to continue to pull back from current…

I have a ton of links today, so I have broken then out into sections. See the news feed for other stories. Finance Inside Obama's bank CEOs meeting - Eamon Javers - POLITICO.com “My administration,” the president added, “is the only…

Glencore buys back debt - FT Alphaville The fix is in! MTM Accounting Deal On The Way. - Option Armageddon Greenspan Forgets Where He Put His Asset Bubble: Caroline Baum (My take on a re-post is here: The Blame Asia Meme) Climate…

Happy snow day!

The Austrian Economists: Rick Santelli Rant Ken Rogoff says Fed needs to set inflation target of 6pc to help ease crisis - Ambrose Evans-Pritchard, Telegraph Japan department store sales down 9.1% in January - Japan Economy News &…

Caroline Baum has a good column today at Bloomberg.com regarding public anger in America.  She correctly states that the American public is not just angry at Wall Street, but at what Wall Street represents in terms of special interests,…

Remember to switch your RSS feed to https://www.creditwritedowns.com/feed since FeedBurner has not been forwarding my feed correctly. The Most Popular Twitter Acronyms - Digital Inspiration Wall Street suffers worst January - BBC News…