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

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The President met Mr Buffet

…was writing privately about the Geithner plan) I have a new theory after the jump. update: double fool of myself. As ts points out in comments, the second richest man…

Despair lifting

…means to an end. But I have reason to think that unlike the Bushies, they don’t really believe it; it’s just politics. Now the double super secret deepest background conversation…

The President’s Speech

…lead again. Thanks to our recovery plan, we will double this nation’s supply of renewable energy in the next three years. We have also made the largest investment in basic…

Budget 2010 is telling?

…target is spending on private contractors, especially for defense, which spiked during the Bush administration. And he will scale back some promises, including his proposal to double money for foreign…

Inflate it Away ?

…cut real debt in half the price level has to double not increase by 50%. OK maybe he meant the real value would be multiplied by 0.9 in a year…

Stimulus Package Infrastructure

…feel free to double check my work. I am just going by the CBO Estimates which are not in full detail. Detailed numbers would be found in the Senate Bill…

New Deal –Objective Research?

…more than double the average previous peacetime expansion and even exceeded the two long war time expansions. Again this is the exact opposite of what Brinkley stated. Source: NBER.org Alan…

Industrial Production

…in November the six month growth rate at annual rates for manufacturing unit labor cost was at double digit rates. If this is accurate, the spread between falling prices as…