…manage it….That was, after all, the “right thing to do” as they had been taught by their parents and grandparents. But then the bailouts with taxpayer money started. The “too…

UPDATE: It gets even stranger. The bankrupt-since-October-2008 Lehman Brothers is going to pay $50,000,000 in bonuses for this year. (h/t alea’s Twitter feed) It appears all of the “gosh, we…

Remember the argument that we shouldn’t tax people because they’ll just move elsewhere? The British government appears not to believe it. Will the Geithner/Summers axis continue lying that “we can’t…

…payments. The firm gave the Beckers a new, 30-year mortgage at 5 percent interest. If anyone in ObamaNation wonders why the voters hate the bailouts, go read the whole thing….

I’m just going to “Go Thoma” on him, since I can’t find anything to cut: Barack Obama tells us we should not investigate American intelligence agents or their overlings who…

Suppose I told you that there was a crisis with a stock, say, GE. That the price of the stock had dropped around 75% in the past year. And you…

Via Instaputz, an explanation of why stealing tax dollars in order to decouple securities from the assets they are allegedly securitizing is A Really Stupid Idea, presented directly, yet also…

The idea that they aren’t inviting Yves, CR, and Roubini onto the calls either led me to wonder for a moment if there was another factor in the invitations. But…

Via Robert’s Twitter Feed, and to avoid ranting about 401(k)s before the end of May, here’s a Rant Well Worth Reading. (Warning: PG-13 or R rating; D. Aritophanes channels The…

Effect Cause…