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    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 […]

    Commentary, Economics /

    Comments to My New Conservative Friends

    February 5, 2013

    I have been speaking to a few of my more conservative friends lately and have bumped up against a number of recurring themes I think are worthy of comments. Here is a sampling: The national economy cannot and should not be run as if it were a household. Balancing a family budget or small business […]

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