Categories: Economics, Bailout

03/11/10

Permalink 10:48:42 am by misblog, Categories: Economics, Corptocracy, Capitalism
Wonder when our cannibal capitalists and their patrons are going to acknowledge that an "invisible hand" does not mean "sleight of hand" and apologize for the harm they've caused?Fortunately, hubris and lack of humility are not weaponry—on the o… more »

03/09/10

Permalink 09:51:30 am by misblog, Categories: China, Economics
Originally Published January 24, 2009; Updated and Republished January 28, 2009; Updated and Republished February 28, 2009; Updated and Republished March 05, 2009; Updated and Republished March 13, 2009; Updated and Republished April 01, 2009; Updated an… more »
Year on Year foreclosure activity is up a whopping and distorting 46%—these distortions hurt Americans1 twice—once when they participate in the market distorting more »

03/06/10

Permalink 08:31:27 am by misblog, Categories: Books, Economics
Carmen M. Reinhart, Kenneth S. Rogoff, This Time Is Different, 2009 is a very readable public good that should be on the required reading list of every American graduate school’s first year macroeconomic and econometrics classes.Our markets took fals… more »

03/03/10

Permalink 10:44:00 pm by misblog, Categories: Books, Economics, Capitalism
You are the only one insuring the risk; The risk taking requires opaqueness or secrecy; You hedge against the risk you create and are selling to others; You think the more variables a model has the better it predicts risk; An advanced degree… more »

02/19/10

An interesting lawsuit has been filed indirectly challenging our harmful concept that to be poor is to be criminal.Wonder if Ms. Wood is getting credit toward her 32 hours per week for the time she works on this useful and potentially far-reaching an… more »

02/13/10

Permalink 11:06:44 am by misblog, Categories: Economics, Capitalism, Bailout
Originally Published July 22, 2009; Last Updated and Republished August 04, 2009:Our president is being very generous when he states of the financiers:"...What you haven't seen, I think, is a change in culture, a certain humility where they kind of… more »

02/09/10

Permalink 06:58:34 am by misblog, Categories: Economics, Health Care, Health, Rebuild America
What a delightful idea to televise a healthcare conference. Our congressional leadership can transparently discuss and resolve their differences on the pending healthcare legislation. If the conference is boycotted by the gridlock Republicans it… more »

02/08/10

Permalink 05:33:02 pm by misblog, Categories: China, Economics, Health, Commerce
Originally Published September 13, 2008; Updated and Republished December 26, 2008; Updated and Republished January 12, 2009:Hundreds of Chinese babies (中国婴) have been sickened by 8,000 tones of contaminated1 powdered baby formul… more »
Originally Published August 25, 2008; Updated and Republished September 01, 2008; Updated and Republished October 06, 2008:Time to stop demonstrating fuel cell technology and begin making the national investment and commitment which will ensure its i… more »

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