Failout Part 3 – The Summary or “Remember the Gift Horse & All That…”
…was in our country’s financial stability’s best-interests to borrow a hell of a lot of money to throw at the problem let’s make sure we’re throwing it in the right…
…was in our country’s financial stability’s best-interests to borrow a hell of a lot of money to throw at the problem let’s make sure we’re throwing it in the right…
…problem is not social security or standard government spending including defense. There are two long run problems. One is medical spending. the second is interest on the debt and it…
…and severely exacerbate the moral hazard problem. But here lies the conundrum of this Lehman crisis: no one seems to want to buy for a positive price Lehman unless there…
…companies capture tax breaks intended for pensions of regular workers and use them to pay for executives’ supplemental benefits and compensation. What’s the problem with this? Well, there are basically…
…‘drown it in the bathtub’ people all of whom are starting from the ideological position ‘Big Government is not the Solution, Big Government is the Problem’. These folks simply don’t…
…may be Obama’s secret to his oratory ability? He thinks deficits matter. He thinks companies have a morality problem: The evidence shows that companies are particularly likely to raise prices…
…to the economic sector that actually does the investments. But this is also the problem with the standard supply side argument that cutting taxes at the individual level really does…
…government had estimated. In addition, 148 federal cases have been brought nationwide, some by the Justice task forces, which are composed of prosecutors, agents from the FBI and Immigration and…
Sheila C. Blair of FDIC offers an opinion on the mortgage crisis in the NYT. THERE have been many proposals to deal with the problems in the mortgage market. But…
…discusses pollution as a resource management issue: It’s not a pollution problem; it’s a natural resources management problem. How do you maintain soil quality? How do you generate profits with…