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    The New Unfairness Doctrine

    August 23, 2011

    Up until now I hadn’t dawned on me just how twisted the Republican candidates have become. I wanted one of them to be sensible so as to provide a challenge to Obama who, in my opinion, needs a very firm kick up the rear end in order to generate a little energetic activity. After all […]

    Economics / consumer confidence, consumption, Federal Reserve Board, fiscal policy, home prices, inflation, Keynes, monetary policy, Obama, real estate, unemployment /

    Bits and Pieces From the Front Line

    August 18, 2011

    Historians will surely love to reflect on these days. Each seems to bring some violent twist. Each adds to the amounting confusion. Each makes the story that much more difficult to tell. Today we learned that last week’s apparent uptick in the labor market was an illusion. At least until next week. New claims for […]

    Commentary, Politics /

    View From The Asylum

    August 16, 2011

    America is now so politically unstable that its constant lurching about has finally caught the attention of people who like to disregard politics and attend only to making money. It was their view of the political crisis that tipped S&P into downgrading US bonds. Yes the deficit is a problem that started them worrying, but […]

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