by reader Movie Guy (Lifted from comments cactus style) I have reviewed the majority of American econ blogs during the past few days. Hit the supposed heavy ones again tonight. The econ blog subjects range from stupid to domestic but very few step beyond the borders of the USA. It’s as though the lights are […]

Talking Points Memo has a video where John McCain not only wants private accounts, but calls Social Security “an absolute disgrace” and “will not be there for the next generation”. Boomers are sponging off the next generation. I will look for a transcript…this is not in his plan. If this is the way he plans […]

Naked Capitalism has an important link on new Fed regulations.

by reader Movie Guy (Updated and polished) “WORLD ENTERING A DANGER ZONE”, according to World Bank Global Food Crisis Bottom line: Food CrisisWorld Bank Rising Food Prices Threaten Poverty ReductionApril 9, 2008, World Bank Volatility in Agricultural Commodities – An UpdateMay 2008, World Bank Rising Food Prices in East Asia: Challenges and Policy OptionsMilan Brahmbhatt […]

by ilsm The latest report, a continuing subject for GAO, observes that “A Knowledge Based Funding Approach COULD Improve Weapon System Acquisition Outcomes”. See for the whole set of observations. From an economic, as well as a cost accounting, perspective how could anyone spend anyone else’s money without rudimentary knowledge of WHAT they could get […]

by coberly I was listening to radio for smart people the other day when they did a piece about the effect of high gas prices on the price of gas guzzling cars. They followed the owner of a very high-end SUV as he drove into the used car lot and asked how much he could […]

The Automatic Earth notes an article in the WSJ and says: Scores of banks were already suffering headaches by the end of the first quarter, according to a _newsreview by The Wall Street Journal of FDIC-filed reports by 6,919 banks that make construction loans. The smallest banks, those with total assets of less than $5 […]

by rdan The NYT reports: In a speech earlier this year, Christopher Cox, the agency’s chairman, said that working on the transition to international accounting standards and reaching enforcement agreements with foreign countries like the Australians were two of the most important items on his agenda as his term comes to a close. “It is […]

John McCain’s Economic plan.

Robert Waldmann will be posting on topics. He will post and introduce himself. Here is a link to his site at Robert’s Stochastic thoughts.