…zero nominal short rate or at least the Fed thinks we do…. I also regard this as a somewhat gruesome hypothesis. It means that “Main Street” is paying for “Wall…

…the “securitized” asset at all, except to add to the expenses of bankrupt taxpayers. It is the final Decoupling of Wall Street and Main Street, so while Arlen Spector makes…

…markets are using the market discontinuity to claw prices and terms back to Earth. The slowdown talk weighing on equities also reflects the Wall Street view that debt, mortgage and…

…of that financial asset. Save Wall Street with Main Street’s tax monies. I give up. Yves Smith’s old description of Paulson’s “Mussolini-Style Corporatism in Action” seems so quaint by comparison…

…cobble stone street, rushed past us and disappeared down the street. But of course we did not know if they were celebrating or running for their lives. After all, at…

…Wall Street has known at least since Ms. Smith Listened in on Washington. And that just means it will be longer, and worse. But Jamie Dimon will be richer at…

…farmers who can’t harvest, crops left in the fields, and higher food prices. Anyone have any further questions about how Wall Street affects Main Street? Come to think of it:…

…repairs for which we the services from this excellent yard drainage contractor) and street lighting, (iv) Telecommunications, (v) Road & bridges, (vi) Ports, (vii) Inland waterways, (viii) Airports, (ix) Railways…

…weeks around 1,000 people have died, and more than 2,500 others have been injured, most of them civilians. The fighting so far in Sadr City has been fierce – street…

…servitude. Children are kidnapped as child soldiers, forced to become street beggars, or lured and abused as slaves to an underground industry known as child sex tourism. Government alone can’t…