Dear CDansplace2, We’ve created the most comprehensive page of information on vice presidential candidate Sarah Palin on the Internet – Daily Source on the Vice Presidential candidate. Since Gov. Palin is new to just about everyone in the country, little is known about her record and her policies. Our special section has in-depth research, videos, […]
I stress again that I am technically an economist, but I have focused on everything except for money and banking (OK everything but money, banking and Neo-Austrian theory) so I am ignorant on this topic. I am interested in understanding why financial innovation is profitable. I can think of two key reasons for new instruments. […]
UPDATE: Krugman comes to the same conclusions, more concisely. (That’s why he gets paid the big bucks.) And Brad DeLong has modified his original position to the point where it’s got a good chance of working going forward. I started a “What is an Asset” post yesterday, which got sidetracked by Brad DeLong’s urging that […]
The NYT reports: The Bush administration is asking Congress to let thegovernment buy $700 billion in troubled mortgages, accordingto a draft of the plan. The proposal would raise thestatutory limit on the national debt to $11.3 trillion from$10.6 trillion. Chase Rooster update on bailing out, but with different slang. Which major player individuals are also […]
Lifted directly from comments as a plain vanilla answer to some of the confusion on value of certain derivatives. The problem is that mortgage derived instruments slice the actual mortgages too finely for proper evaluation, collection or even renegotiation. The solution seems to be having the government buy everything up at a fire sale and […]
The Center for Democracy and Technology discusses aspects of behavioral advertising on your ISP: Here is how the basic ISP model works: ad networks that partner with ISPs potentially gain access to all or substantially all of an individual’s Web traffic as it travels through the ISP’s infrastructure, including traffic to all political, religious, and […]
What is your Palin name? In this day and age of naming children, stars in Holleywood and Sarah Palin chose names not usual in mainstream America, but not totally unique. In an idle moment, find out your name if Palin had been your mom. Chase Rooster Palin Pro Growth Liberal is Muzzle Mammoth Palin (When […]
My Loyal Reader sends another example of those glorious, worthy individuals about whom “we do not have time” to worry: Former [AIG] Chief Executive Officer Maurice “Hank” Greenberg may try to end government involvement in the company “as prompt [sic] as possible,” his attorney David Boies said in an interview this week. Greenberg…has said the […]
From GOPnot4me asking if this is McCain’s advisor we get the explaination of what has happened.