Bailout Sleuth notes a discrepancy in the way we talk about the money for the bailout. What is up with this? The financial firms that were eligible for some of the loans through the Federal Reserve included many of the same firms that split $125 billion in the first round of the Treasury Department’s relief […]

Washington Post has an article on bailout oversight. In the six weeks since lawmakers approved the Treasury’s massive bailout of financial firms, the government has poured money into the country’s largest banks, recruited smaller banks into the program and repeatedly widened its scope to cover yet other types of businesses, from insurers to consumer lenders. […]

by Save the Rustbelt Title: The Big 3 Dilemma During the 80s I was an accounting and tax professor two days a week and a consultant three days a week. In cost accounting class I often used the Big 3 as examples of bad business models and disastrous labor contracts. All this in communities with […]

rdan Save the Rustbelt has started his own blog finally. He is writing under the alias name of Tom at Health Care Think Tank. I encouraged him to still write for us as well…please feel free to suggest it to him. I hope cross posting might be in order. Anyway, his first post is up […]

by reader Movie Guy I reviewed the OMB Watch list of proposed and final rules. If approved and published in the Federal Register, it is possible if not likely that some will be reversed. Unfortunately, OMB Watch doesn’t appear to provide government links necessary to follow up and monitor further actions. So, here are some […]

rdan From the NYT business section comes this editotial,(the last half): Will we have to bail out our own family members? It’s started coming up in asides I hear from middle-aged friends who are concerned about their parents ending up in the poorhouse. And I see it in e-mail from people in their 60s and […]

Steve Randy Waldman at Interfluidity has an impassioned and clear opinion on the new AIG bailout money. Tax Prof Blog points to important tax law being re-written by Treasury and IRS on their own recognizance, quietly. Potentially adds big bucks to the deficit and encourages even bigger banks. ataxingmatter adds to the analysis.

Watching out for Midnight Regulations Reg•Watch has been following the phenomenon known as “midnight regulation” where an administration finalizes lots of rules in its waning days of power. Below is a list of many of the more controversial rules worth watching. Reg•Watch will provide regular updates to this list. (Here is the permanent link in […]

by cactus Troll. Troll. Trooooooolllll. And Later: “Unscientic Politically Motivated Biased Censoring.” I think its safe to point out that Dan, who runs Angry Bear on a day to day basis, has wrestled with the idea of what to do with trolls. Here at AB, there are plenty of readers/commenters with plenty of opinions, some […]

by rdan There will be an upcoming series on “What our economy is supposed to do for us” as part of the question of describing our economy. The public discussion appears to be minimized to date for the majority. Another series has started debating the predominant role of trade and trade policy in the current […]