Capital Gains Taxes ?
I think the debate on Capital Gains Taxes is now irrelevant. Why? The huge stock market losses. Here’s a thought: Most people do...
The Role of Fannie & Freddie
A very good description of Fannie/Freddie, via Doug Diamond and Anil Kashyap, posting at the Freakonomics blog: "The Fannie and...
Government’s Leap Into Banking
The NYT graphic department has been working overtime: Source:Government’s Leap Into Banking Has Its Perils STEVE LOHRNYT, October...
The Economy is Just Fine . . .
Nothing to see here, move along, everything’s fine. That’s what Gene Epstein, Barron’s Economic Beat columnist, and...
Obama/McCain Alfred E. Smith Memorial Foundation Dinner
Fun stuff for a Saturday night — these guys are such pros: McCain Roasts Obama Obama Roasts McCain See also:Finding the Humor in...
Subprime Devastation and the S&L Crisis
> Interesting graphic from Bloomberg, comparing the present Subprime debacle versus the S&L crisis. Excerpt: The $700 billion...
I, GREENSPAN
I, GREENSPAN by Bill Bonner I, Alan Aurifericus Nefarious Greenspan, Chairman of the Federal Reserve Bank, holder of the Medal of...
Smart People Saying Dumb Things
Megan McArdle & Dan Drezner discuss who deserves the blame for the current credit crisis. (video below). What is fascinating to me...
The Confidence Game
Terrific essay by James Grant on confidence, or the lack thereof, in capitalism: "In disclosing plans to buy a quarter-trillion...
The Week that Was: CDS Spreads, Equities, Commodities
That was quite the fascinating week, whatever your market perspective might be. Its not very often that I get to throw up 3 charts or...