How to Replenish the FDIC's Coffers [View article]
So FDIC borrows from Wells Fargo. 12 months later Wells is imploding. Does the FDIC shut it down? May be, maybe not. Best case: FDIC says screw you, we're not paying back the loan AND we are shutting you down. Case closed.
Another Reason Not to Trust So-Called Economic Experts [View article]
I should trust you because?
a. you are not an expert b. you are a different kind of expert from the ones you demean c. you are a non-expert with some other credible traits (such as?) d. you waste my time less than others e. I was bored after the first paragraph and stopped reading
Professional boundaries are not static; they transform every few decades. The fancy word for this is deprofessionalization. American medicine changed the roles between doctors and nurses in the 1980s by adding a new role, the physician assistant. Today, journalism is being crowded by new roles (bloggers, etc) that compete with the traditional one. If journalists don't adapt well then they can be marginalized or completely done away with. Let the market decide.
Blogs, Profanity and Editorial Integrity [View article]
I like the rawness of the site. Let people express themselves as they want. Let journalism die to be replaced by blogging and other forms of information/opinion expression.
Will the White House Bail Out Detroit? [View article]
The government should buy a large number of cars from detroit and give them to taxpayers. It would be just as good as any infrastructure stimulas package that might get passed for Obama.
You want to stop losing jobs? Put a ban on M&A. And, take big companies, break them up, and make several smaller ones of of them.
Nabloid: My comment is ironic. I'm not realy in favor of bailouts.
But the folks in DC do have to act as if they are doing something and so they will give away money that is printed with ease. America does need a public works program; but we can also kick start maunfactoring with a large order of autos. And we tell Detroit what to make. Let GSA figure out how to deliver them to taxpayers. Deflation today; hyperinflation circa 2010.
The govmn't can buy all us taxpayers hybrids painted red white and blue. Keep detroit happy, keep the suppliers happy, keep the green folks happy, and give me a free car.
The auto bailout should consist of an order for 30 million cars from detroit, 10 mil from each manufacturer. Then the gov could have a lottery for taxpayers to get their free car (tax free too). The gov could make them all hybrids and off we go into the next green energy wave. But, I really want a free car for my taxes.
Fed Pumps More Money Into the Economy [View article]
You are right about the gas tax holiday idea going streight to the oil companies. If people pay $4 now they will still pay $4 then because there is no reason to lower prices. The gov won't get its revenue, the oil companies will keep the difference. The only way to make that idea work is to regulate gas prices.
Actually, we do need more independent analysis. The Fed may have all the data but they, and all the other gov agencies, are not giving that data to us straight up. It comes to us massaged by their ideologues. Those intelligent, well trained people are shills for the current administration who has driven the USD and rates into the ground. Question everything they say and all data they release.
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Latest | Highest ratedHow to Replenish the FDIC's Coffers [View article]
Another Reason Not to Trust So-Called Economic Experts [View article]
a. you are not an expert
b. you are a different kind of expert from the ones you demean
c. you are a non-expert with some other credible traits (such as?)
d. you waste my time less than others
e. I was bored after the first paragraph and stopped reading
The Fed vs. the Tipping Point [View article]
Traders will anticipate Bernanke's moves and game him. In the end his actions will be thwarted.
The Death of Profitable Journalism [View article]
Blogs, Profanity and Editorial Integrity [View article]
Will the White House Bail Out Detroit? [View article]
You want to stop losing jobs? Put a ban on M&A. And, take big companies, break them up, and make several smaller ones of of them.
The Economic Unwind: Speed Kills [View article]
But the folks in DC do have to act as if they are doing something and so they will give away money that is printed with ease. America does need a public works program; but we can also kick start maunfactoring with a large order of autos. And we tell Detroit what to make. Let GSA figure out how to deliver them to taxpayers. Deflation today; hyperinflation circa 2010.
The End of Excess [View article]
The Economic Unwind: Speed Kills [View article]
Friday Outlook: Commodities, Emerging Markets [View article]
Tuesday Outlook: Commodities, Emerging Markets [View article]
Thursday Outlook: Commodities, Emerging Markets [View article]
Maybe they should show some leadership skills, stay in secession and come up with some ideas.
Crunching the Numbers: It's Not a Recession [View article]
Fed Pumps More Money Into the Economy [View article]
Why the Fed Needs to Pause Today [View article]