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

Pending moderation

Moderation is no longer pending, but has a slight delay until technology increases our flexibility to respond to wild statements. Bile free.

Let’s Play a Game: Connect the Dots

Let us assume: That there is an equity premium ([PDF] UPDATE: Link modified to Brad De Long posting in which the PDF is embedded. Hat tip: Don Lloyd in comments.) That the equity premium can be derived from a linear relationship (y = ax(1) + bx(2) + ….) of the most significant variables. That equity […]

Intergenerational Equity, Unfunded Liability and Selfish Boomers

The newest buzzphrase in the Social Security world is ‘Intergenerational Equity’. It is indeed the theme of the new movie IOUSA (to whose webpage I link) which itself is pretty much a documentary of the Concord Coaltion’s Fiscal Wake Up Tour. (The fact that Concord was founded by Pete Peterson and rights to distribute the […]

OMB Watch has an opinion

OMB Watch has an opinion piece worth review no matter ones notions of regulation in abstract. The science is getting better at detecting and evaluating trace and small amounts of chemicals affecting hormones and development. This is not a Bush Administration only issue….whoever wins the elections needs to take a hard look at public health […]

Buffet begins pull out of bank insurance

The WSJ reports: Warren Buffett’s Berkshire Hathaway Inc. has told one of its subsidiaries to stop insuring bank deposits above the amount guaranteed by the federal government, dealing a fresh blow to the financial-services industry as it tries to assuage anxious customers. The subsidiary, Kansas Bankers Surety Co., is notifying about 1,500 banks in more […]

Report on oil speculation

by Divorced one like Bush Anyone else see this report? The report by Masters Capital Management said investors poured $60 billion into oil futures markets during the first five months of the year as oil prices soared from $95 a barrel in January to $145 a barrel by July. Since then, these investors have withdrawn […]

Spend the billions on F and F a different way?

Reader OSO has a slant on Freddie and Fannie: As far as I can tell, GSEs of the size and purpose of Fannie and Freddieare missing from more “socialist” economies than the US. It seems thatthey are an aberration in both free-market economies and social democracies. The nationalisation of Freddie and Fannie was not the […]

Quotes and taxes

by cactus What with the new CBP Report showing the growing deficit (warning: PDF file!!!), I thought I’d update a post I wrote a few months ago. Here’s the post in its entirety: Here’s a short collection of White House quotes on taxes and the budget – one for each year of the Bush Administration. […]

IN COVENTRY designation on the sidebar

Please note that any name in the jail has lost the right to participate in Angry Bear discussions, as agreed by a coalition of left, center, and right groups on the blog. Please do not respond to persons in jail…these persons refused to respond to reminders for hostility and rude statements.