Main Bites Dog: Wall Street Talks, Washington Acts
Wall Street constantly complains about how Washington incessantly debates issues instead of acting on them. That's why its almost comical to watch the current situation as Wall Street continues to...
View ArticleBush Administration Tries To Run Out The Clock
Andrew Samwick, one of my bloggers-in-crime here at Capital Gains and Games, had an interesting post on Thursday about whether we're in a recession. Andrew was speaking like an oustanding economist,...
View ArticleBush = Carter
I'm not sure about Andrew, but Pete and I are old enough to remember Alfred Kahn, the economist who, during the Carter administration began to use "banana" instead of "depression" after the president...
View ArticleFinancial Rescue Went Global Today, But A Recession Is Upon Us
Every morning this week the Fed has announced another action to bolster financial markets. At 7 a.m. this morning, the Fed and six other central banks announced a coordinated 50 basis point (half a...
View ArticleProposed New Economic Stat: Number of Address Changes Per Month
Is everyone else having to make as many changes to their address/phone list as I'm doing these days?Between layoffs and job moves, I now seem to have to set aside a hour or two a month just to keep my...
View ArticleClik here to view.
People of Zion, The Recession Is Over!
It was a scene at the end of The Matrix Revolutions -- the third in the series -- when Neo defeats the machines and Link, the character played by Harold Perrineau, shouts to the people of Zion, "It's...
View ArticleThose job numbers
Let's stipulate right up front: it's silly to infer much from one month of job-creation numbers. The numbers bounce erratically, they are often revised dramatically one month later and they...
View ArticleMeet the New Speech
Aaron Blake and Chris Cillizza write in The Fix that President Obama almost granted me one of my wishes last evening. "There was a word missing from President Obama's jobs speech Thursday night:...
View Article
