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

Back at you on GM argument

by cactus General Motors and Social Security – Two Sides of the Same Coin There’s a group of folks out there who are busy pinning the blame for GM’s four-decade long implosion on unions. Those folks tend to also bleat the loudest about the crisis with Social Security. People like this miss the point with […]

Black Friday sales watch

Black Friday sales information Black Friday official sales site We shall see if the sales, specials, and earlier advertising make a difference with the sentiments of consumers and the shorter season. I am looking for a good deal on a GPS for Mrs. rdan. Any suggestions? Update: Friday report on retail for October

A line of connection in experienced disconnected thought: Southern economic growth, anti-union, free trade job loss, today’s economy

by divorced one like Bushcaution, a long read I’ve been reading: Making Government Work by Ernest F. “Fritz” Hollings. Yes, that Hollings of Gramm and Rudman legislation fame. It is kind of rambling read, but I now understand why our congress of the democratic party side has been acting like moderate republicans and not liberal […]

SRM sues WSJ

Financial Times carries this little note on one hedge fund. SRM Global, the hedge fund run by the former star UBS trader Jon Wood, is suing The Wall Street Journal for publishing allegedly confidential information about its performance, setting up a high-stakes battle over the industry’s transparency. SRM claims the newspaper acted in “flagrant disregard” […]

Wampanoag

The Wampanoag also need remembering today, with care and humbleness, as part of our history and who we are. Can we handle both ideas of Thanksgiving simultaneously? Both the gift and the sacrifice?

Quote of the Day (though from four days ago)

Chris Dillow, beginning a post about legal avenues to reduce prostitution: If a man wants quick, unfulfilling sex with a woman who despises him, he should get married. The rest is one of Dillow’s usual rational exigeses of the vagaries of “rational” policy making. Tell me again about how Micro makes more sense than Macro.

How To Bail Out the Economy – A Less Wrong Way

by cactus How To Bail Out the Economy – A Less Wrong Way Regular readers know I’ve had post after post explaining why a bail-out would be a bad idea and would not work, dating to long before the bail-out began. I predicted that the end result would be the further enrichment of some of […]

Social Security: Inter and Intra-Temporal Contingency

What fresh hell is THIS?When I first started studying Social Security in detail sometime late in 1997 I made what to me was kind of an amazing discovery. Social Security ‘crisis’ then and now tended to be perceived and discussed within the deterministic frame of Boomer Retirement, kind of a ‘demography makes destiny’ thing. Every […]