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Where was the Bubble: Houses, Rates or Credit?
One of the things I have consistently pointed out was that the so-called Housing Bubble was in reality two bubbles: Credit and Interest...
Radiohead Adapts Our Business Model
John Paczkowski used to write "Good Morning Silicon Valley" (He’s now at Digital Daily). Way back when, John created the...
Mortgage Resets? Try Chapter 13 Bankruptcy!
Fascinating front page WSJ article today, titled More Debtors Use Bankruptcy To Keep Homes. It seems that Chapter 13 filings are gaining...
Southern Cal Fire Resources
This is now the largest evacuation in the U.S. since Katrina: 250,000 513,000. Source: Google Maps San Diego County Fires Charities:...
No Free Lunch: Ongoing Ramifications of an Easy Fed
I had lunch with Richard Clarida a few years ago after meeting him at CNBC. He is a very nice guy, a Columbia economics professor, a...
Gadget of the Day: Roth Music Cocoon
How frickin’ cool is this absurd, retro futuristic, tube powered, $750 iPod doc?(speakers NOT included) > Roth Audio Music...
Media Appearance: CNBC’s Morning Call (10/22/07)
This morning, I’ll be guest hosting Morning Call on CNBC, from 11:00am to noon. On today’s agenda: The Global Market...
Inflation ex-inflation to be Official Fed Policy?
Well, it seems to be just about official: Inflation ex-inflation has formally become the policy of the Federal Reserve. At least,...