By Jeff McCord of The Investor Advocate Impending SEC Recommendation on Anti-Investor Supreme Court Decision a Bellwether on Regulator’s View of “Public Interest” In one of its filings prior to U.S. Judge Jed Rakoff’s celebrated November 28th refusal to rubber stamp an SEC-Citicorp deal allowing the bank – a “recidivist offender” — to escape significant […]
Mike Kimel to the blue courtesy phone 6:05 PM PT: Newt Gingrich begins by taking credit for creating 36 million jobs, 25 under Reagan, he says, 11 under Clinton. My problem isn’t Newt claiming credit for everything good which happened before he resigned in disgrace, it’s the numbers. Employment increased by less than 17 million […]
by Mike Kimel Holiday Gift Guide Advice Megan McArdle just put out what she calls the “Holiday Gift Guide 2011: Kitchen Edition. Not surprisingly, it doesn’t contain the sort of things that I (or I think, most Americans) would likely buy. A Chinois, a KitchenAid KICA0WH Ice Cream Maker Attachment (which apparently is only useful […]
There is a amazing piece in Forbes that Tim Worstall (also at Forbes) notes reporting on scary news that is misleading: I’m very confused by this piece from fellow Forbes contributor Rick Ungar. He tells us that there’s a bomb buried in Obamacare (or more formally, the Patient Protection and Affordable Care Act) and that […]
Via Mark Thoma Tim Duy looks at reporting that misses the point even though information can be teased out of the piece. The article can be found here. I think the article would have felt better if it began not with the impression that baby boomers are the driving force behind recent declines in the […]
by Robert Waldmann (lifted from Stochastic Thoughts) Fiction In the Washington Post I don’t want to make this a daily feature but Anthony Faiola and Michael Birnbaum made it hard for me to get past The Washington Post (my home page) without an angry blog post. In what is supposed to be a news article, […]
The Obama Administration Is Making It Really Hard for Its Base to Mobilize. Actually, the Obama Administration has been making it Really Effing Easy for Its Base to Mobilize since around the time Tim Geithner was appointed. That mobilization is just away from the voting booth and onto the streets. Give You a Hint, Barry: […]
Buce sends us to Der Spiegel’s description of Barack Obama’s potential 2012 opponents (“You Think This is Bad?”) John Kay in today’s FT (no link) tells us why letting economists pontificate about finance is a Mug’s Game. The mugging being of people who are stupid enough to believe economists. (If Brad DeLong or Mark Thoma […]