rdan The GAO reports on the complications of measuring the effectiveness (or ineffectiveness) of TARP actions. TARP’s activities could improve market confidence in institutions that choose to participate and have beneficial effects on credit markets, but several factors will complicate efforts to measure any impact. If TARP is having its intended effect, a number of […]
Robert Waldmann According to Ezra Klein (who is very gentle in his criticisms) Summers wrote the following As for [Milton] Friedman — I’m not so sure he looks bad. What is most screwed up today? GSEs, Citibank, regional banks. What is most regulated? Same list. What is least screwed up? Hedge funds and the like. […]
rdan hat tip Z Facts. hat tip mcwop for this chart: Yves provides added links and comment here at Naked Capitalism: But as usual the Fed surprises us all with their lack of transparency. They are asking Congress about permission to issue their own debt directly, not tied to Treasuries. This is known in central […]
rdan H. RES. 1531 is proposed to block Administration blanket pardons. It is worth a discussion…repeat…discussion.
by cactus Bush, AIDS, and Malaria Hilzoy comments on a story about a new malaria prevention vaccine. To summarize, clinical trials show the vaccine is about 53% effective in infants five to 17 months of age, and 65% as effective among children who are 16 weeks old or younger. Regular readers may recall my post […]
rdan (Lifted from comments from Bruce Webb’s main post Is it true that foreigners finance our debt? to her main post, with Prof. Rosser’s permission) I have just found and read the contents of this discussion this afternoon. The essential points I was trying to raise in my Econospeak blog entry were: (i) US Treasury […]
JS Kit will be converting Angry Bear’s comments from haloscan to their system this week I am told. This will change rss feeds for comments. I will then see what can be done with navigation on the site. Update: 4:00 PM Please be patient as conversion takes place. Haloscan and js kit are still mixed. […]
by reader Sammy Title: “What are the odds that every Detroit 3 exec of the last 35 years has been an idiot?” “In their almost gleeful calls for the death of the domestic auto industry, some U.S. senators and other critics of the Detroit 3 have suggested rampant incompetence and utterly failed business models.“They’re not […]
by: Divorced one like Bush Ok, the auto CEO’s are all lined up. They get asked the populist setup question: Are you going to sell your jets? And they just sat there, as dumb looking as could be. They didn’t say a word. Not a word! To me, that proved they were the wrong people […]
Full article here Chrysler is the smallest of the Big Three automakers, but it stands apart from its peers in another crucial respect. While General Motors and the Ford Motor Company are public corporations, Chrysler is controlled by one of the world’s richest and most secretive private investment companies. That investment company is Mr. Snow’s […]