rdan hat tip Tim Schilling

a whittle by ilsm National Security pork! I came across this at a National Security blog: In this case congress is directing that Air Force buy long lead parts to build 20 more F-22 than defense wants. Certainly the fighter mob in Air Force wants more toys, and the industry wants more revenue. This sets […]

rdan I have no idea how this transfer would be done if the funding happens for high mileage gpm and alternative fueled cars ($25 billion), or if it is accurate as an idea. Not having read the bill I would not know if money is restricted to the US. It does make sense to fund […]

rdan Financial Times shows us that One day after announcing strict limits on salaries and bonuses for its top tier of executives, AIG revealed that some of those executives will receive millions in “retention bonuses” next year.Inflatable Tiger Tunnel bady In a regulatory filing on Wednesday, the insurance group disclosed that Jay Wintrob, an executive […]

rdan Here is a look at the history of limiting paychecks after a bailout…not such a promising outlook for those wanting to do so. Tax History Project Too Much: The Historical Link Between Bailouts and Pay CapsDate: Oct. 6, 2008 Full Text Published by Tax AnalystsTM by Joseph J. Thorndike Complaints about outsized executive pay […]

Decline and fall of western civilization provides another look at repo fails in the US Treasury bond market, up to $2 trillion recently.

Glenn Greenwald at Salon opines on the nature of BDS and the necessity of having major players agree and augment his statements and viewpoints, including the NYT. BDS has much merit in objective terms on many issues, but as one man, even the President, he hardly did his stuff alone, or against major headwinds from […]

CR reminds us of two lists for failed bank reports, the FDIC home page and the Failed Bank List.

Follow this link to a “Short Course on Behavioral Economics” at Edge. Be warned I have not viewed the video yet, but was drawn to the names involved, including Thaler and Romer.

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 […]