The Radford Free Press – Page 311 – All life is problem solving.

Wet Economics?

March 31, 2011

Let’s get our feet wet. Or at least dirty. Or maybe not. Why pull on those boots and ramble about by the stream, river or beach, when there’s a nice safe swimming pool nearby? That, in a nutshell is the schism in economics. One sort of economist wanders about the mountain side and studies the […]

Commentary, Economics / bailouts, banking, Federal Reserve Board, JP Morgan Chase, Lehman, Merrill Lynch, stimulus, Wachovia /

Bank Non-Reform

March 31, 2011

There wasn’t any. There. That makes it easy to remember. After 2,200 pages of tightly worded legal jargon the law known as Dodd-Frank left our banking system remarkably untouched. Our big banks are still way too big. So big they are beyond the law. By which I mean they are fully aware that they cannot […]

Commentary, Economics /

Greenspan Nonsense

March 30, 2011

OK. I am going to say very little on this. His words stand for themselves. Alan Greenspan needs to pull down the shades and stop. He is officially nuts. For those who missed it: he is on record in the Financial Times, as saying we should get rid of the recently implemented financial regulation. It […]

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