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    Commentary, Economics / economic policy, plutocracy /

    In Not Of?

    February 7, 2013

    Today’s New York Times has a reminder of the damage the crisis has done to the economy, and, more importantly, to enduring attitudes towards opportunity. The article summarizes the results of a survey conducted by Rutgers University. The main thrust of the article is that this crisis was both deep and broad enough to involve […]

    Economics / austerity, economic policy, government spending, Obama, Republicans, sequester /

    Sequester and Jobs

    February 7, 2013

    You may not have noticed – perhaps you have more interesting things to do – that the next big crisis is unfolding in Washington. As the economy wallows in semi-stagnant directionless mode our fearless leaders in Congress are getting vexed over another of their self-inflicted wounds. You’d have thought that by now they’d stop doing […]

    Commentary, Economics / banking, derivatives, mortgage backed securities, regulation, Standard & Poor's, Wall Street /

    Standard & Poor’s

    February 6, 2013

    It is good news that Standard & Poor’s is being sued by the government. S&P was complicit in the market rigging that led us to the bubble and the destruction of a boatload of wealth. It has escaped, thus far, any serious damage from its involvement in the creation of crisis and deserves to be […]

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