by Robert Waldmann (lifted from Stochastic Thoughts) Fiction In the Washington Post I don’t want to make this a daily feature but Anthony Faiola and Michael Birnbaum made it hard for me to get past The Washington Post (my home page) without an angry blog post. In what is supposed to be a news article, […]
The Obama Administration Is Making It Really Hard for Its Base to Mobilize. Actually, the Obama Administration has been making it Really Effing Easy for Its Base to Mobilize since around the time Tim Geithner was appointed. That mobilization is just away from the voting booth and onto the streets. Give You a Hint, Barry: […]
Buce sends us to Der Spiegel’s description of Barack Obama’s potential 2012 opponents (“You Think This is Bad?”) John Kay in today’s FT (no link) tells us why letting economists pontificate about finance is a Mug’s Game. The mugging being of people who are stupid enough to believe economists. (If Brad DeLong or Mark Thoma […]
Here is the speech by President Obama in Oklahoma: Here is Robert Reich’s more optimistic analysis of a speech that lays out issues.
Yves Smith spells out her strong opinion of our dilemma nationally for the elections of 2012. This particular arena of regulating banks and non banks and and accountability also takes on a wider symbolic meaning in this election cycle. How this plays out in determining national budget spending priorities through the lens of an explosion […]
As the Senate election begins in earnest in Massachusetts, with a great deal of money already pledged and attack ads begun, the contest has the ability to capture the nation’s attention and imagination. We will be following aspects of the election for our readers as the year progresses. Re posted is a statement she made […]
by Mike Kimel A Simple Question about NGDP Targeting It seems that a big part of the econosphere these days talks about NGDP targeting. Translating this into English, a number of economists believe the Fed should be adjusting monetary policy to achieve a desired level of nominal GDP in any given year. To be very […]
Maggie Mahar has been has been showcased at Angry Bear in prior years, mainly in regards to healthcare, but has written on many topics with an economic theme. I am happy to announce she has agreed to write for Angry Bear, so please welcome her when her first post or two appears. Of course, readers, […]
Via Taxprofblog comes David Cay Johnston’s Income Inequality Increases as Bank Regulation, Prosecutions Decrease through Reuters, The Taxpayers’ Burden, by David Cay Johnston: These findings about bank failures, income inequality and lack of prosecutions all take us back to the coordinated attempt by the central banks of the United States, Britain, Canada, the European Union, […]