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Lost Decades

Mike Konzcal reviews Lost Decades by Menzie Chin and Jeffrey Friedan at New Deal 2.0: What caused the housing bubble? This is a different, though related, question from what caused…

GINNI THOMAS v. CLARENCE THOMAS

by Beverly Mann crossposted with The Annarborist GINNI THOMAS v. CLARENCE THOMAS “The Supreme Court, issuing its first orders accepting cases for the new Term, on Tuesday edged toward analysis…

Tri-Committee Health Care Bill Deficit Neutral

…scratching their heads. On Tuesday the CBO scored HR3200 as adding $1.048 billion to the deficit over ten years. Late Friday that score was changed to adding $239 billion over…

Limited tricks, monolines, municipal bonds…

…run out of unconventional ammunition. Tuesday’s offer to lend $200 billion of its Treasury holdings to primary dealers in return for mortgage-backed securities both guaranteed by the government-sponsored enterprises (Fannie…