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

One is History, One Parody: You Make the Call

George Will, guest-posting chez Berube: But hope is not a financial plan, and rewards come only to those who work for them. It is time for the Democrats to grow up, learn the lessons of adulthood, and begin dismantling a tax system which creates so many disincentives to wealth creation. Justice demands that bonuses must […]

Three Charts in a Tangle: What Lending?

UPDATE: Credit where due category: H/T to Felix Salmon for pointing to this chart at, which gives you borrowings relative to GDP. I often hate line graphs, especially when they include outliers that skew the axis, making it virtually unreadable. (This may be a result of seeing several papers this semester with Chilean/US$ exchange […]

So Why Did we Give SunTrust "bailout buying" money?

Via Dr. Black, Alpha Bank and Trust of Alpharetta is now FDIC-owned. In related news, PNC is paying about $5.6 billion for midwest-based National City, which was a major player in subprime until everyone realized they weren’t any good at it. As noted previously, the claim was that monies given to “regional leaders” such as […]