…which frustrated super senior blogger Kevin Drum “That’s the story of the super-senior tranche, and will have to wait for another day.” Given this story about the use of CDSs,…

…labor force participation, the shift of the Phillips curve etc are exactly what the most extreme advocates of Obama’s policy would have predicted. In contrast taxing the super rich will,…

…much influenced by the experience of the super rich. He has been flirting with Marx for a while (Thomas Piketty seems to be a mutual friend who helped them break…

…housing. The only anomaly is that the great recession was less severe than the super simple model predicts. Interestingly super crude Keynesian calculaions siuggest that the Obama stimulus should have…

The National Republican Senate Committee put out a blast email today mocking Ed Markey as the next Al Gore—aka a politician whose opponents will lie about him in order to…

Tim Johnson, Democrat of South Dakota, committee leader: “How can a bank take on ‘far too much risk’ if the point of the trades was to reduce risk in the…

The Washington Post notes more on foreclosures is coming, this time from The Congressional Oversight Committee today. No link yet. A congressional oversight panel is set to warn on Tuesday…

…place until the members are selected; the Committee has 18 months to make its initial recommendations. Moreover, the Committee will be advising the Secretary of Health and Human Services. And…

…recent days and recent weeks to prevent the committee from doing its job.” He said the committee is slipping into irrelevance because it’s not providing oversight of the program. Roberts…

…goal line. It looks like the NBER is doing the latter: “If the committee were to rely on the same indicator to date the end of the slump, the recession…