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

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Obama Administration Watch

As President Obama issues executive orders and presents bills to Congress, Angry Bears will respond, or guests will post. However, such changes appear to be happening so quickly I am…

ANGRY BEAR’S ECONOMIC ROUNDUP

…how you would add to the service. Much of the post would be below the fold is one thought, but is above this time for ease of viewing.) ANGRY BEAR’S

Most generous welfare program in history

…It all bears reading. And whether you voted for him or not, its worth asking yourself: how much of what came to pass should have been obvious from 2004. ____________________________________…

Conversion

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…

Grass is Green, Sky is Blue, The WSJ Lies to You

…takeover businesses have replaced General Motors as the economy’s bellwether. According to the bears: As goes the credit market, so goes the economy. Fortunately, Main Street is not that fickle….

Politically Motivated Biased Censoring

…gears. Let me tell you about an individual who couldn’t possibly be a troll. Sure, Dan and some of the other Angry Bears tried to get him out of the…

WaPo on AIG

…rationally is, uhm, crazy. The idea of an insurance company buying insurance is odd. AIG uhm insures people, helps them hedge, bears risk. In this case, they took on risk…

Selling equity in your house

…is collateral. This way if the local economy tanks and house prices fall, the bank bears the burden (which they can pass on to MBS buying suckers of course). If…

More on Presidential Administrations

…title “Bulls, Bears, Donkeys, and Elephants,” which was glibly dismissed by Greg Mankiw*). While his conclusion will be heartening to Brad DeLong: And one more thing, notice the little gray…