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Clinton admits she failed to do her homework, and therefore misunderstood, when she stated at the February debate that Dodd-Frank already authorizes the Treasury Dept. to force too-big-to-fail banks to pare down and that therefore no further legislation authorizing it is necessary. That’s quite an admission by her, and the New York Daily News editorial board (and the Washington Post’s Chris Cillizza) should take note.

…presumably the New York Daily News editorial board will seek answers to when they interview her. The aforementioned post by Peter Eavis, in the New York Times blog The Upshot…

The raid

As taken from Infidel753‘s Blog, Infidel, “The raid.” Written not even two weeks ago and accurate as to what took place leading up to the raid, reactions by “wingnuts,” and…

The Stockman’s Big Swinging Whip

…Bear blog, and the second is Warren Mosler. On the bus this morning, I was glued to a post at Warren Mosler’s blog, where he responds to a David Stockman…