Relevant and even prescient commentary on news, politics and the economy.

For the night owls

Watching the sign in Oregon has some traction. The Obama sign had been stolen twice, so now the world stands watch. Comments on the webcam from Mudflats on Oregon webcam.

Goldman, Morgan to Become Bank Holding Companies

by rdan Goldman, Morgan to Become Bank Holding Companies In one of the biggest changes to Wall Street in decades,Goldman Sachs and Morgan Stanley, the last two independentinvestment banks, will become bank holding companies, theFederal Reserve said Sunday night. RGE Monitor carries a lot of analysis such as it is. I am going to ask […]

Secretary of the Treasury Phil Gramm

Joe Klein reported in September: Following the lead of his buddy, and probable Secretary of the Treasury, Phil Gramm, McCain has been a vehement deregulator. Here is the deathless quote: “Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices […]

Health plans

Robert was hiding this link over at his Stochastic site, where he allows himself to have unsophisticated but very readable translations of Angry Bear at times. Here is the link to an analysis of McCain’s plan for health insurance. The link to Stocastic Thought is on the left sidebar. Also in that Health Affairs posting, […]

Solidarity

SOLIDARITY There are about 2 months until the election, an election that will decide the next President of the United States The person elected will be the president of all Americans, not just the Democrats or the Republicans. To show our solidarity as Americans, let’s all get together and show each other our support for […]

Worth a look….Daily Source

Dear CDansplace2, We’ve created the most comprehensive page of information on vice presidential candidate Sarah Palin on the Internet – Daily Source on the Vice Presidential candidate. Since Gov. Palin is new to just about everyone in the country, little is known about her record and her policies. Our special section has in-depth research, videos, […]

Furiously bailing…out to where?

The NYT reports: The Bush administration is asking Congress to let thegovernment buy $700 billion in troubled mortgages, accordingto a draft of the plan. The proposal would raise thestatutory limit on the national debt to $11.3 trillion from$10.6 trillion. Chase Rooster update on bailing out, but with different slang. Which major player individuals are also […]

Plain vanilla question….plain vanilla answer

Lifted directly from comments as a plain vanilla answer to some of the confusion on value of certain derivatives. The problem is that mortgage derived instruments slice the actual mortgages too finely for proper evaluation, collection or even renegotiation. The solution seems to be having the government buy everything up at a fire sale and […]

ISP advertising and behavioral privacy

The Center for Democracy and Technology discusses aspects of behavioral advertising on your ISP: Here is how the basic ISP model works: ad networks that partner with ISPs potentially gain access to all or substantially all of an individual’s Web traffic as it travels through the ISP’s infrastructure, including traffic to all political, religious, and […]

Chase Rooster Palin

What is your Palin name? In this day and age of naming children, stars in Holleywood and Sarah Palin chose names not usual in mainstream America, but not totally unique. In an idle moment, find out your name if Palin had been your mom. Chase Rooster Palin Pro Growth Liberal is Muzzle Mammoth Palin (When […]