government

See also FT.com - Berlusconi assaulted at Milan rally

Last week after the Thanksgiving holidays, the Supreme Court started to hear oral arguments in Stop the Beach Renourishment v. Florida Dep't of Environmental Protection, a case of eminent domain.  This is the biggest case since the…

Paul Krugman and Bruce Bartlett debated on PBS whether President Obama should divert money from the TARP program to a jobs program to combat high unemployment (Hat tip Mark Thoma).  Here is the video and a transcript of part of the…

From Politico’s Ben Smith, quoting a healthcare insider: We WIN… Administered by private insurance companies. No government funding. No government insurance competitor. Forget about the politicians. This statements speaks more loudly…

Below is another great article from John Mauldin via his weekly newsletter, this time featuring John Hussman who is talking double dip and depression. My last post shows I am very concerned about this scenario – which I see as likely - and…

Unemployment claims dropped dramatically to 466,000 this past week. This is the best data on the unemployment front we have seen in a long time. The prior week’s claims were also downwardly revised for the first time in a while. These…

The New York State Court of Appeals has ruled that the Atlantic Yards basketball project can go forward as planned, dislocating the residents in the Brooklyn, NY area where the stadium is to be built.  In essence, the decision means…

The Financial Times reports that British regulators have now opened up to reveal more of the details surrounding the emergency aid banks received during the most acute periods of stress to date in the financial crisis.  Meanwhile, in…

Two weeks ago as the Financial Reform Bill was wending its way through Congress, Paul Kanjorski emerged as the champion of breaking up too-big-to-fail financial institutions.  After seeing trillions of dollars in taxpayer money go to…

This story is on the front page of Business Week: Detroit Mayor Dave Bing is struggling to save his city from fiscal calamity. Unemployment is at a record 28% and rising, while home prices have plunged 39% since 2007. The 66-year-old…