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

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Warren Buffet’s annual letter to shareholders

…“This debilitating spiral has spurred our government to take massive action. In poker terms, the Treasury and the Fed have gone “all in.” Economic medicine that was previously meted out…

Paul Volcker Feb.20

…brought here: Paul Volcker: It’s clear to everyone that we are in the midst of a massive economic and financial crisis. It’s big in the United States, but it is…

Real world business for the economic buffs

by divorced one like Bush I thought for something a little different during the holiday respite and assuming there will be no major economic calamities, maybe some readers would like…

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

…Raising prices when strapped consumers are price-sensitive can be a formula for disaster. That’s why there’s often less in the box instead. Update: Economist Mom makes the story so much…

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…

William Polley wonders out loud as well: The WSJ Real Time Economics Blog opens a post with this: “Back in 2003, when the Federal Reserve cut interest rates to 1%,…

Clouds

…contributions from now on so the widget can keep the references updated. Past posts can be labeled at your convenience, such as social security, WTO, global warming, taxes, economists etc….