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

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Going to Washington as a financial blogger

…back by a new Adminisitration). Several of us raised questions about whether what their vision for the industry’s structure was and that the objective seemed to be to restore the…

Ignani and the Ignavi

…Post was a subsidiary of the test prep industry not the health insurance industry (live and learn). Dougj notes that The Washington Post publisher invited health industry players to pay…

Adam Smith in a broader context

…As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce…

Consumer Financial Product Agency

…economic crisis. MYTH #1: CFPA Will Limit Consumer Choice and Hinder Innovation At a recent hearing on the CFPA, Rep. Brad Miller challenged an industry representative to identify one consumer…

Why is Obama asking for new power for the Treasury?

…Obama, lobbyist run wild, departments turned from working for the people to working for the industry (see labor, FDA, military), no bid contracts and their results, $9 billion in bundled…

Clinton Chait and 11 Dimensional Chess

…Obama will never sign a health care reform bill, because his health care reform proposal would bankrupt the insurance industry. “Accept the status quo, destroy the insurance industry or find…