Politics

I think this video is an example of the most self-reflective you will see the current U.S. President George W. Bush become. In it, he talks about his mistakes, grappling in front of the camera with how historians may look back on his stint…

This video of George Bush's top 10 moments according to David Letterman is hilarious. Bush is nearly out of office. We'll miss moments like these.

Here's a little video that should teach you why you need to erase all data permanently before you sell or get rid of any computer, Blackberry or computing device.

I continue to be impressed by the absolute magnitude of the Madoff scandal. This Ponzi scheme went on for decades. It is a truly frightening spectacle. See some of the articles below. Otherwise, it's a Potpourri from around the net.…

On the financial scene, I see the biggest news as being the fact that the yield on 3-month treasuries have now gone negative. This is an absolute first. This means the U.S. government is being paid by investors to borrow. Given the fact…

This video is a good laugh given what we now know about the alleged criminal activity going on in Illinois Governor Blagojevich's office. Here is Blogojevich yesterday at a press conference. The man is smug and obnoxious. Now, he is going…

I have seen this all over the political blogosphere.  Blagojevich is reputed to have been under investigation for corruption and wire-tapping charges for quite a while.  They finally decided to pull the trigger and arrest him over this.…

Recently, I have written quite a few posts demonstrating the U.S. Federal Reserve has a ballooning balance sheet as it increases its purchases of assets at an unprecedented clip. In fact, that balance sheet had $800 billion in assets just…

Yves Smith at Naked Capitalism is reporting that Larry Summers is to be tapped to head Barack Obama's National Economic Counsel.  Summers had been considered for the Treasury position, one that looks likely to go to Tim Geithner, the head…

So I go away for a few hours and the whole world changes? Apparently Barack Obama has made a decisive move to fill out his cabinet and we are about to witness three appointments: Tim Geithner at Treasury, Hillary Clinton at State, and…