Rdan

by Bruce Webb In the near four months since it passed out of Committee there has been little discussion of the Senate HELP Bill and the reason is clear, Max Baucus made it clear that Senate Finance would write a bill from the ground up. What this has meant is that the basis for comparing […]

UPDATED Divorced one like Bush wants to know how accurate the polling was that came up with a consensous that the GDP rose 3.5% in the third quarter. I did my own poll last night at band practice and 100% of the self employed band members (only one for an employer and that’s the public […]

by Bruce Webb Well I have been venturing around the blogosphere and it is grievously clear that most people did not take my advice and Read the Bill!. Well it is not too late: http://docs.house.gov/rules/health/111_ahcaa.pdf (3.3 MB) Moreover CBO followed up with their preliminary analysis:http://www.cbo.gov/ftpdocs/106xx/doc10688/hr3962Rangel.pdf The above image is Table 2 and it shows the […]

The question: How much was credit being funneled away from all other sectors in the economy? The answer: Very little if any. Neither the general consumer lending: nor the specific Real Estate lending: appears to run in a different direction that Business Loans, except possibly, in the latter case, in late 2003 and early 2004. […]

Rdan Hat tip Naked Capitalism regarding the Financial Stabilility Improvement Act as described by Washington’s Blog concerning banks/investment companies ‘too big to fail’ actions by the US and EU countries.October 29, 2009 begins testimony on more emergency powers by the executive branch. The House Committee on Financial Services will hold a hearing on the bill […]

(Data via Yahoo! Finance)

by divorced one like Bush While your reading this, think about the physics concept of two things occupying the same time and space. Think about the similar idea that light is both a wave and a particle. Think about the message we have been told that many very bright people (like physicist) went to Wall […]