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

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More than an election message

…and ‘message’ is constantly displayed in comments when it comes to political messaging…especially in a forced two party system. To illustrate, allowing the labels ‘pro-life’ and ‘pro-choice’ to define the…

FHFA Issues Subpoenas for PLS Documents

…in private-label securities. These securities included subprime loans, which were extended to people with thin or weak credit histories, as well as exotic loans such as adjustable-rate mortgages known as…

SCOTT SUMNER II

…I wonder if he is even aware that economic historians label the 1870’s as the “Long Depression”. I find it really amusing that he so proud of what others call…

…published June 2010. DolB: I am a liberal. A label that “progressive” is used in exchange with. I am not a radical, fascist, loony, left winged, socialist, commie. In fact,…

Tri-Committee Health Care Bill Deficit Neutral

…cost “a quarter of a trillion dollars” perhaps hoping people are still scared by the label rather than the number. Because in the context of a $750 billion TARP package…

Warren Buffet’s annual letter to shareholders

…purchased only two to three years ago, are now in mortal danger because of the debt piled on them by their private-equity buyers. Much of the bank debt is selling…

Paul Volcker Feb.20

…other part of the financial market. So you have a two-tier financial system, and then you have a series of issues that I would put in a general label of…