“Mother” of All Bank Frauds Shocks and Awes Regulators,As LIBOR Victims Seek Justice By Jeff McCord of The Investor Advocatewww.the-investor-advocate.comAugust 21, 2012 Many wonder why Federal regulatory precincts are so quiet several weeks following discovery that the London Interbank Offered Rate (LIBOR), a key interest rate determining charges to and earnings by American borrowers, lenders, […]

By Jeff McCord  is a former US Senate staffer, Securities Investor Protection Corp (SIPC) executive and has been a free-lance journalist for Dow Jones publications. His academic background in economics includes post-graduate work at the London School of Economics and George Washington University. He can be read at Investors Advocate.    EX-BIDEN AIDE’S MEA CULPA REVEALS […]

Having now read the Gawker articles summarizing some of the Bain documents leaked to Gawker and published there today, I’m speculating that the leaker of the documents is also Harry Reid’s source for Reid’s allegation that Romney paid no taxes for at least a decade, and that the leaker believes that the documents suggest either that Romney […]

Krugman recently presented this graph, showing household debt as a percentage of GDP. and made this comment. Second, a dramatic rise in household debt, which many of us now believe lies at the heart of our continuing depression. There are those who seem to believe that if Krugman says it, it must be wrong.   Here […]

 I don’t usually pass along a Krugman piece, but the ACA is familiar territory for AB. By Paul Krugman, The New York Times21 August 12here are multiple errors and misrepresentations in Niall Ferguson’s cover story in Newsweek – I guess they don’t do fact-checking – but this is the one that jumped out at me. […]

by Tom aka Rusty RustbeltHealth Care Thoughts: Physician BurnoutDuring the years I worked every day with physicians I learned a great deal, including about the time pressure, the relentless work flow and the sleep deprivation during physicians’ “on call” days.A Mayo Clinic (http://archinte.jamanetwork.com/article.aspx?articleid=1351351) has been published and 50% of physicians are feeling impacts of burnout. […]

Matt Miller has an excellent column in The Washington Post in which he coins the phrase “Drawbridge Republicans.” Basically he accuses Romney and Ryan of being pro-rich class warriors who aim to eliminate equality of outcome and of opportunity. A very standard Rhetorical gesture is to concede in the second or third paragraph of an […]

by Rebecca Wilder Dutch Domestic Demand Dragging Real Home Values Today Statistics Netherlands (CBS) warned ”House Prices Nosedive“. Prices of existing owner-occupied dwellings sold in July 2012 were on average 8.0 percent down from July 2011. This is the most substantial price drop since the price index of existing residential property was first recorded in […]

by Kenneth Thomas Most U.S. Trade Agreement Improve Trade Balance, but Effect Overwhelmed by NAFTA and China Trade The U.S. trade deficit figures heavily in the analysis of Jeff Faux’s new book, The Servant Economy. Faux, the founder of the Economic Policy Institute (EPI), was one of the most important voices speaking out against NAFTA […]