government

I want to talk about the drubbing the Democrats are going to take in this year’s elections and what it means, if anything.  As a sort of pre-amble, I will lead into this with some thoughts on tax cut propaganda and today’s piece by the…

I wrote a post earlier today on kleptocracy and the one-party system of government that I thought was pretty explicit.  But, judging from the comments, particularly at Naked capitalism, apparently I have to spell it out – tell readers…

Given the fact that I have just finished writing two articles on Wien’s predictions for 2010, I thought it relevant to look back at the last three years of Wien’s surprises to just before the housing crisis.  I posted the 2009 predictions…

Hat tip Prieur du Plessis. Source Chip Bok, 28 Dec 2009 - Comics.com

I must be incredibly sleep-deprived because my last post overlooked a critical case in the financial blogosphere where the same issues of blogging and government coercion are at issue. I completely forgot that the Implode-o-Meter sites are…

Michael Arrington, a prolific blogger in the Tech community, has written a thoughtful piece on bloggers’ right/duty to protect confidential sources in the face of government pressure to do otherwise.  I’d like to post a portion of that…

I wrote a post yesterday (The Fed’s exit strategy) to explain the mechanics surrounding Monday’s Federal Reserve announcement that it is offering CD accounts to banks. The Federal Reserve does not control the demand for credit and therefore…

Great article in this week’s Barron’s featuring commentary from a number of distinguished market observers including our own Marshall Auerback and Baseline Scenario’s Simon Johnson (hat tip Barry Ritholtz). The last of the big banks…

I will limit my comments in this post since I am so thoroughly disgusted with Washington’s giveaways to special interests.  But I have to bring up health care reform and its likely non-impact on improving American’s economic situation…

The Washington Post is reporting that the federal government has quietly decided to exempt Citigroup from a large future tax bill in allowing it to exit the TARP program.  This is a backdoor bailout worth billions and is an outrage…