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

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Economists = Idiots? Part 1829

…course, assumes the money is being invested. (As this money is, in taxing our tax dollars and giving them to Vikram Pandit, Ken Lewis, Lloyd Blankfein, and Jamie Dimon [in…

Proxy Voting 101

…of administrative trivia and theatrics. Just weeks ago, Walmart entertained their shareholders with pep rallies, speeches, the comedy of Jamie Foxx and musical performances by the Barenaked Ladies, REO Speedwagon…

Why Is The Placebo Effect Getting Stronger ?

…on a form filled out by a caregiver in which the score repeatedly depends on the word “severe.” A co-author of mine Jamie Horder notes that the so called Placebo…

Senate Stimulus Package: Tax Cuts, Social Security & SSI

…fold. Update: (rdan… Barkley Rosser notes Jamie Galbaith’s interview on entitlements at Econospeak and also see Whitehouse.gov) Currently payroll taxes got to pay for Social Security and Medicare Part A…

Is Douglas Holtz-Eakin still an economist?

…Sachs and Jamie Dimon $700 Billion. ***Yes, I’m shouting. Claiming to address health care when all you address is health insurance is like claiming to have fixed a smashed-in door…

You Can Lead a Horse’s Arse to Water, but…

…Wall Street has known at least since Ms. Smith Listened in on Washington. And that just means it will be longer, and worse. But Jamie Dimon will be richer at…

Another viewpoint on Bear Stearns and the FED

…As for J.P. Morgan and CEO Jamie Dimon, remind us to have him negotiate our next contract. He gets Bear’s best assets, including a Manhattan building said to be worth…