CNBC reports Greenspan … added that the financial crisis could not have been foreseen. “It is just not feasible to forecast a financial crisis,” he said. “A financial crisis by definition is a sharp abrupt, unexpected decline in asset prices.” Notice that he says if it is unexpected, then it *can’t* be forecast. That is […]

by Beverly Mannoriginally posted at the Annarborist Paul Clement, In Appreciation Each year as the Supreme Court’s term ends in late June, Slate’s main legal-issues writer, Dahlia Lithwick joins with Walter Dellinger, head of mega law firm O’Mebeny & Meyers’ national appellate practice, and a former head of the Office of Legal Counsel in the […]

by Tom aka Rusty Rustbelt HEALTH CARE: Mrs. Rustbelt is Grouchy Mrs. Rustbelt (aka the world’s great nurse) is a paragon of competence, compassion, service and self-sacrifice. When grandma is ill you want Mrs. R to be granny’s nurse. She routinely gets letters and call from families praising her work, and this is the only […]