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Greenspan Protesteth Too Much

…of its Ministry of Trade which used every dirty trick to limit imports and subsidize exports. Lee Iacocca describes his visit to Japan in the 1980s in which he protested…

Fiscal Responsibility Summit: Guest List

…Honorable Raúl M. Grijalva (D) The Honorable Darrell E. Issa (R), Ranking Member the Committee on Oversight and Government Reform The Honorable Ron Kind (D) The Honorable Barbara Lee (D),…

Bonuses paid in mortgage backed securities

Lee adds “I saw this yesterday at another blog. One of the commenters suggested that the Congress critters receive their pay and bonuses the same way to shift risk from…

Chrysler and Cerberus

…Wall Street. Many bankers and investors are reluctant to talk openly about the company, which is renowned, even feared, for its hard-nosed deal-making. Update: Open Secrets hat tip Anna Lee

In Which I Say Something Nice about Lawrence Summers

…was expressing the mainstream opinion. But there is a footnote to the quoted text: In earlier results, Barro and Lee (1994) found that the estimated coefficient of female secondary and…

Capability defined by DoD

by reader ilsm From last week: I said: “The government has no idea what is “required”, Anna Lee helped by commenting on “capability”. For ya’ all to study: CJCS M…

A new GI Bill

…Columbia, 42 percent at the University of Hawaii, 14 percent at Washington and Lee, 26 percent at U.C.L.A. and 11 percent at Harvard Law School. … MEMBERS of Congress and…

Has Jacob Marley been visiting?

…of the environment. We just have to remember that the economy functions for us. What do we want it to do? I think Lee Iacocca had a visit too. He…