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

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Warren Buffet’s annual letter to shareholders

…purchasing companies] were known as “leveraged-buyout operators.” But LBO became a bad name. … Their new label became “private equity,” a name that turns the facts upside-down: A purchase of…

Paul Volcker Feb.20

…other part of the financial market. So you have a two-tier financial system, and then you have a series of issues that I would put in a general label of…

Real world business for the economic buffs

…white label website development. A local flower shop is considered a retail business. This is true but, it is also a manufacturing business. The design of your shop’s storefront is…

Ms Parker, Mc Cain, Party and Honor

…the past several months: hope and change. In the end, did Ms. Parker know she was so prophetic? That’s potent medicine. It also should come with a warning label: “May…

Same labels, same old stuff

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents these days. What sort of political thinking would…

The Shrinking of Treehorn

…show prices, but sizes of items. Lempert says packaged goods makers should have to put the word “new” on the label if they take away even 1 ounce and explain…

Soc Sec XIX: Narratology of ‘Crisis’

…over 30’ (until of course we started turning 30 in 1976). Did we deserve being called self-absorbed, I daresay we did. But did we deserve the label of ‘selfish’. Well…

Limited tricks, monolines, municipal bonds…

…Mae and Freddie Mac) and not (private-label MBS) means it will have eventually sold or pledged half of its Treasurys, limiting how many more of these tricks it can pull…

Clouds

Having installed a cloud widget on the left sidebar, contributors and guest posters should label their contributions from now on so the widget can keep the references updated. Past posts…