Via The Nation: A number of house progressives who voted against yesterday’s bailout bill, including Pete DeFazio, Donna Edwards and Marcy Kaptur, have just held a press conference unveiling their own proposal. Text below. Commentary to follow:DRAFTNo BAILOUTS ActBringing Accounting, Increased Liquidity, Oversight and Upholding Taxpayer Security1. Require the Securities and Exchange Commission (SEC) to […]
Floyd Norris throws up [at] the details. He is not alone. Anyone keeping money in the U.S. stock market from this point forward better have no choice.
Rdan From the end of “Brain’s Night Off,” after a series of unsuccessful entertainment tripsB: Come, Pinky. We must return to the lab to prepare for tomorrow night.P: Gee, Brain, what are we going to do tomorrow night?B: The only thing I know how to have any fun doing. Trying to take over the world!
by Ken Houghton My article for Institutional Investor on the investment opportunities available in Emerging Markets Infrastructure, most especially in water and sanitation, is available on their website (subscribers only, it appears). UPDATE: For those looking for discussions of water and sanitation that are not gated, angrybear frequently discusses the subjects.
A research review by: Divorced one like Bush Introduction: This review was initiated after reading the report linked at the 25 indicators post. A review of the data regarding accepted economic performance indicators for business cycle peaks of year 2000 and 2008 is presented along with a discussion of the relevance to the strategy of […]
Reader Andrew notes: From Marketwatch: Wen, who is known for his openness and economic mastery, told Zakaria that despite the impressive growth his country has experienced over the past 30 years, things have changed because of the United States’ subprime problems. “We have seen a decline in external demand, and China’s domestic demand cannot be […]
L’Shana Tovah, and let’s talk about something near and dear to Fox News’s heart: the evil Canadian press. CBC has apologized for an opinion piece: In the article, Mallick said Palin appeals to “the white trash vote” with her “toned-down version of the porn actress look.” To make matters worse, the apology includes a glorious […]
By Spencer John McCain showed up without running mate Sarah Palin, which is a shame because she actually has a lot of experience with financial matters. You know, she lives right next to a bank.
The NYT carries a graphical map of Congress, the votes, and real information on election patterns. A shift of twelve votes does not seem overly ambitious to effect in the next 48 hours…feels like a television show, does it not?
Brenda Rosser at Econospeak has a great post here: What was it about 1995 and the US Federal Reserve? 1990 β 1992 era. The changes began then that led to the elimination of the reserve requirement. 1992 The Fed Reserve ratios were lowered. 1995 β The US Federal Reserve effectively eliminated the fractional reserve ratio. […]