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

You searched for: label/Idiocy

Not even a Fig Leaf

…Democrats resisted and now he as caved completely, said uncle and bent the knee. However, in a brilliant effort to combine dishonesty, incompetence, self flattery and general idiocy, he has…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label