Relevant and even prescient commentary on news, politics and the economy.

25 indicators to look at

The Center for Policy and Research sent us a note on a new report about whether we are better off now than eight years ago.

A Look at an Incredibly Silly Story

by cactus Rent Control and the Current Financial Mess – A Look at an Incredibly Silly Story There’s a trope going around among libertarians and many Republicans– I’ve seen it in a few places – that the mess on Wall Street is due to excessive regulation. This tripe by Richard Epstein in Forbes.com is a […]

Ms Parker, Mc Cain, Party and Honor

by Divorced one like Bush Before we get to excited about Ms. Parker’s recent calling out, consider her 9/5 opinion in What Sarah Palin brings to the Republican Party: And relief that the first Republican woman on a presidential ticket wasn’t going to let them down. No one was going to be embarrassed by John […]

Social Security Actuaries score the Warshawsky Plan

By Bruce Andrew Biggs directs our attention to a new detailed PRA plan by Mark Warshawsky, a member of the Social Security Advisory Board: Notes on SS Reform: Actuaries Score New Reform Proposal The post does not link to the plan itself but instead to a detailed scoring of it by the Office of the […]

Barney Frank…give us more explanation

by Rdan Calculated Risk and many others note that a tentative agreement might be done, details to follow to day perhaps, ‘before the opening of the Asian markets’. Barney Frank, a hometown citizen wants a clearer explanation than it is a compromise on a compromise agreement needing to be passed by tomorrow. Please convince me […]

Five firms pay $3 billion to top execs over last 5 years

Bloomberg carries this bit of news for us to chew on: Wall Street’s five biggest firms paid more than $3 billion in the last five years to their top executives, while they presided over the packaging and sale of loans that helped bring down the investment-banking system. Merrill Lynch & Co. paid its chief executives […]

Auto loans to the Big Three

Sept. 27 (Bloomberg) — The U.S. Congress gave final approval to legislation providing the auto industry with $25 billion in loans, lifting an offshore oil-drilling ban and funding the government until the next president takes office.The legislation, approved by the Senate 78-12, spends $602 billion for the departments of defense, homeland security and veterans affairs. […]

Time For Unity

By:Spencer Subject: time for unity There are about 2 months until the election, an election that will decide the next President of the United States. The person elected will be the president of all Americans, not just the Democrats or the Republicans. To show our solidarity as Americans, let’s all get together and show each […]

Inflation rate for the future might be….

Current Inflation RateYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave2008 4.28% 4.03% 3.98% 3.94% 4.18% 5.02% 5.60% 5.37% NA NA NA NA NA2007 2.08% 2.42% 2.78% 2.57% 2.69% 2.69% 2.36% 1.97% 2.76% 3.54% 4.31% 4.08% 2.85%2006 3.99% 3.60% 3.36% 3.55% 4.17% 4.32% 4.15% 3.82% 2.06% 1.31% 1.97% 2.54% 3.24%2005 […]