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    Commentary, Economics /

    The Absurdity of it All

    July 11, 2012

    It’s unavoidable. It’s inevitable. It was reckless. The burden was just too great. We promised too much. It’s the freeloaders. We can’t afford it anymore. The debt is crippling. If not now for our children. It was the government and those moral sapping social programs. Somehow it’s always the government. The absurdity is that these […]

    Commentary /

    Romney’s Finances

    July 9, 2012

    I think Paul Krugman touches a nerve today. So it’s worth passing along. His op-ed today points at the heart of our current problems. This is a theme I have been bashing away at myself. Perhaps not so eloquently. The stark contrast between the fortunes of Romney Senior and Romney Junior stand as vivid reminders […]

    Commentary, Economics / bank reform, bank regulation, banking, deregulation, Glass-Steagall, JP Morgan Chase, McFadden Act, regulation /

    Break Up The Banks. Please.

    July 9, 2012

    How do I say this delicately? The banking system, and in particular the biggest banks, were central players in the development of the crisis; they then played a major role in spreading contagion around the world; they then collapsed due to mismanagement, poor regulation, and endemic greed; this required that they be propped up beyond […]

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