Politics

Yesterday, I indicated I would write a few thematic posts as a look back at some of the more important economic topics that this credit crisis has uncovered. Tying posts together in a theme definitely gives a better holistic view of a the…

As we approach the new year, I have decided to write a few thematic posts as a look back at some of the more important economic topics that this credit crisis has uncovered. The thinking is that tying posts together in a theme might give a…

The latest WSJ/NBC News poll shows that President Obama’s approval rating has now slipped under 50%. This makes his the steepest first year decline in modern history. Why?  You know what I would say: Obama doesn’t know when to be…

Mark is right that time is not on Chairman Bernanke’s side. If you saw the Ron Paul video earlier today, you can see what’s happening. I don’t have a strong view, although I believe most of the other bloggers are against. Reminder: This…

Credit Writedowns has made it clear how little will there is in Washington for substantive reform in financial services.  But, let’s be more explicit in this post about what policy makers are doing.  I will use the recent…

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…

Max Keiser and Yves Smith pointed me to an article by frequent CNBC contributor Charlie Gasparino on Obama’s fat cats meeting. I love Yves’ feigned surprise. Here are a few excerpts from Gasparino followed by a link to the full article.…

Swedes want to join euro - Independent.ie Spain tops ‘misery index’ - Independent.ie (Misery loves company, though.) Capital One, Discover credit-card charge-offs rise | Reuters RBS CEO Hester Attacks ‘Politicization’ of Bank…

Last night on CBS’ 60 Minutes, President Obama attacked Wall Street as “fat cats,” saying he was not elected merely for their sake. Obviously, the President is now keenly aware of how his political capital is being lost due to the bailout…

Obama calls his Afghanistan troop decision toughest yet -- latimes.com iPhone users are delusional, consultants say | Technically Incorrect - CNET News Event Planning Online: 14 Essential Social Media Tools Scientists crack…