Kicking Our Addiction to Debt
Barron’s Alan Abelson references Henry Kaufman in this week’s column: As the root of our current woes, Henry unreservedly...
Auto Execs Ask for $34 Billion Bailout
Amid fresh factory layoffs, Congressional Democrats and the White House are groping for a compromise on a bailout for the beleagured auto...
The Velocity Factor
“A severe global recession will lead to deflationary pressures. Falling demand will lead to lower inflation as companies cut prices...
Sarpaneva: Luna-Tick
Cool watches from Stepan Sarpaneva: > > Sources: Sarpaneva Watches http://www.sarpanevawatches.com/pages/home/ Luna Tick From...
The Hives & Cyndi Lauper In A Christmas Duel
The Hives & Cyndi Lauper In A Christmas Duel. Download the track for free at http://thehivesbroadcasting from November 28th through...
What Would Keynes Do?
What Would Keynes Do? Bruce Bartlett, 12.05.08, 12:01 AM EST The government should spend on stuff, not on bad assets. ~~~~ Every day that...
60 Minutes: Credit Default Swaps
Steve Kroft examines the complicated financial instruments known as credit default swaps and the central role they are playing in the...
A Primer On Fractional Reserve Banking
First published in the British humour magazine “Punch” on April 3, 1957: > Q: What are banks for? A: To make money. Q: For...
Crude Oil = $41
Its now at a 4 and 1/2 year low. (That’s enough of a reason to rally by itself) Crude Oil January Contracts chart via barcharts Oil...
Chrysler Hires Bankruptcy Firm
Chrysler has hired bankruptcy firm Jones-Day, sources say. WSJ: Chrysler several weeks ago hired the prominent law firm of Jones Day as...