Could John McCain lose in 2010?
FDR vs. Fannie and Freddie?
David Gregory gets "Meet the Press."
Yesterday, the world talked only about the Clintons and their drama. Change!
Chris Wallace stands up in defense of Bush at a screening of "Fros t/Nixon,&q uot; whose director Ron Howard compares Nixon’s crimes to Bush’s conduct in office.
Bill...... [Show More]
Here’s the article , titled “Fannie Mae’s Line in the Sand”:
FANNIE MAE, AS savvy politically as it is financially, is fighting a Clinton Administration plan to boost low-income mortgage lending. The Federal National Mortgage Assn., a federally chartered private company that buys mortgages from lenders and bundles them into bonds, has called in a cavalcade of big-time po...... [Show More]
Depressed as in the economy, not the holiday blues:
The Krugman Recipe for Depression
Massive government spending is no solution to unemployment.
The New Deal is Mr. Obama’s context for the giant infrastructure plan his new team is developing. If he proposes FDR-style recovery programs, then it is useful to establish whether those original programs actually brought recovery. The answer...... [Show More]
Snarking At George Will
There has been a lot of it recently thanks to Will’s claim this
past Sunday on ABC’s This Week that the New Deal
discouraged investment and deepened the Great Depression. Paul
Krugman disputed those claims and the left side of the Blogosphere
went into raptures over Krugman in response.
Thing is, Will
was right . No Nobel Prize for him, but at least,...... [Show More]
Fixing the country (by Russell Roberts) :
This is the biggest fantasy of politics, that the country is broken or damaged and we just need to get a different contractor in charge of the project who knows more about how to do renovations. It is a dangerous metaphor and an inaccurate one. It ignores the fundamental insight of economics that there are no solutions only trade-offs. It presume...... [Show More]
links for 111808 Post Source: www.jacobgrier.com Posted: Nov 18 2008 09:35:48
The New Yorker(!) samples acclaimed TX barbecue
Jason Wilson compares orange liqueurs
The Libertarian Party’s disappointing ‘08
Obama vs. the Senate
The difficulty of predicting financial crises
Why the Mars rovers don’t have dust wipers
Won’t anyone think of the Starbucks?
What Starbucks employees regret saying
MA study refutes short...... [Show More]
theft done right Post Source: blog.heritage.org Posted: Nov 13 2008 14:57:43
George Mason’s Don Boudreaux has a snappy response to Center for American Progress suggestions that If It Happens, The Auto Industry Bailout Needs To Be Done Right :
While it’s true that some ways of bailing out this industry would be less harmful than other ways, there is absolutely no “right” way to do it. To advise government to do the auto industry bailout “...... [Show More]
o bailout da gm Post Source: oinsurgente.org Posted: Nov 11 2008 15:18:40
Mesmo antes de tomar posse, Barack Obama já começa a fazer asneira :
Na sua visita oficial à Casa Branca, ontem, o Presidente eleito dos EUA, Barack Obama, discutiu com George W. Bush um plano urgente de apoio à indústria automóvel, cuja sobrevivência está em risco. O pedido surge na mesma altura em que o Congresso de maioria democrata requisitou o acesso desta indústria ao plano de re...... [Show More]
This letter by Steven Horwitz, Professor of Economics at St. Lawrence University, beautifully rebuts the notion that the current economic meltdown was a failure of free-markets. He indicts five government interventions in the market as being largely culpable:
Fannie Mae and Freddie Mac insured loans that would never have happened in a truly free-market while forcing banks to underwrite loans...... [Show More]
Here are some links to articles that didn’t make our front page. Several of the articles are very insightful I highly recommend reading them. As always, the articles are from different fields but should make you a more well rounded investor. Take Care.   (Click on the titles to access the articles)
1. Why We Should Abandon The Free Market - Via Fora.Tv - James K. Galbraith, L...... [Show More]
...ily about their business, hauling over-sized delicate objects above their heads, struggling to hang on to several heavy and mis-shaped precious items. This is the world we live in.
Sigh....... [Show More]
| Peter Klein |
The English system of commercial law or the lex mercatoria has been described as an example of “spontaneous order,” a set of rules that emerged without central direction and yet provided remarkable stability and favorable institutional environment for trade. Harold Berman and Bruce Benson , among others, have written extensively on this. Here’s an interes...... [Show More]
hulk mad hulk vote Post Source: www.thelibertypapers.org Posted: Nov 04 2008 17:37:43
Voting is now analogized to Popeye eating his spinach :
The final presidential debate concluded with some stirring words, though not from either candidate. Moderator and CBS newsman Bob Schieffer said, “I will leave you tonight with what my mother always said — go vote now. It will make you feel big and strong. “
Cue the Huggies Pullups commercial: “I’m a big ki...... [Show More]
What feels like the longest and most tiring election in American history, and certainly ranks as the most expensive by far, is not quite over.
If you’re like many of us here at CNET News, you’ll be watching the results stream in both on television and on the Internet. To help you out, we’ve compiled the following list of places to stop for results, news, and opinion on Electi...... [Show More]
Here are some links to articles that didn’t make our front page. Several of the articles are very insightful I highly recommend reading them. As always, the articles are from different fields but should make you a more well rounded investor. Take Care.   (Click on the titles to access the articles)
1. Why Margin Requirements Made Sense in 1934 - Via Conglomerate Blog- In th...... [Show More]
Political Wisdom from The Bard (by Don Boudreaux) :
As H.L. Mencken observed, “Under democracy, one party always devotes its chief energies to trying to prove that the other party is unfit to rule - and both commonly succeed, and are right.”...... [Show More]
Editorial do Washington Post (via Cafe Hayek ):
Is this the end of American capitalism? As financial panic spread across the globe and governments scrambled to contain the damage, reality seemed to announce the doom of U.S.-style free markets and President Bush’s ideology. But this is wrong in two ways. The deregulation of U.S. financial markets did not reflect only the narrow i...... [Show More]
The latest Econtalk is “ Munger on Middlemen ” wherein Mike Munger and Russ Roberts have a terrific dialog on the function of the much derided intermediaries of the economy. Included is this wonderful story about the priest in the POW camp during WWII taken from R.A. Radford’s 1945 Economica article, “The Economic Organization of a P.O.W. Camp.”
From Cafe Hayek, h...... [Show More]
If “ WWII got us out of the Great Depression ,” then why is the US economy spiraling into recession despite being at war with Iraq , Afghanistan , and in a multitude of other proxy wars around the world? Shouldn’t we all be living the high life right now? I mean the wars are costing more than Vietnam did!
And to nobel laureate Paul Krugman , if war is “generally ...... [Show More]
The Rules of the Game (by Russell Roberts) :
Bob Higgs claims that “regime uncertainty,” the uncertainty about the rules of the game, is what made the New Deal so ineffective. Because business didn’t know what the government was going to do next, people were hesitant to invest and take risk in the 1930s. It’s possible but it’s very hard to measure. Maybe inv...... [Show More]
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