Politics

This is classic.

The Canadian daily National Post has a good piece out today that highlights how the ‘Buy American’ provision is being seen in Canada.  Many see it as an affront that America could and would favor domestic firms over those of its…

In my recent post about the capture of the Obama Administration by the financial services lobby, I said it was irrelevant whether they were deliberately looking to line the pockets of the banking industry. This is an important point as you…

The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from…

I have been reading press accounts of the GM decision to back out of the Opel/Vauxhall sale to the Magna/Sberbank consortium from various countries. There are a lot of different perspectives on this event in the U.S., Belgium, Spain,…

You judge for yourself: is Jon Stewart right to skewer Fox? Before you decide, listen to the last minute of the segment.

Robert Johnson, director of the Economic Policy Initiative of the Roosevelt Institute, has been extremely critical of the US Government’s handling of matters related to financial services. This past October 7, he gave testimony at the…

The number is zero.  According to a recent Harvard study, two of every three bankruptcies in the US are medical-related. That’s why at least catastrophic coverage for everyone is the real purpose of healthcare reform. Why some…

David Einhorn delivered a speech at the 2009 Value Investing Conference that is creating a lot of buzz in the blogosphere. He said a lot of interesting things about the investing and political climate.  A surprising amount of it comes…

The title of this post is somewhat misleading – designed to be provocative to get you to read what I have to say. Indeed, I am going to defend Goldman Sach’s right to pay what it likes to its employees. But, I am also going to defend your…