The Radford Free Press – Page 394 – All life is problem solving.

Economics / banking, Jamie Dimon, JP Morgan Chase, Keynes, loan losses, Minsky, Reagan /

Banking Reform: The Game Heats Up

April 6, 2010

I think we are all getting tired of these long drawn out reform discussions. Health care reform lasted decades it seems, and now financial system reform threatens to linger on through the summer. Nothing, it seems, can be done quickly. I realize that haste is probably not conducive to wise legislation, but we have been […]

Commentary / health care /

A Pat On The Back

April 6, 2010

The New York Times offers us a good editorial this morning about the fuss being made over the potential loss of health care coverage for retirees now that the new reform law eliminates a subsidy that used to given to business. It is a non-issue. The subsidy being eliminated is one where companies were allowed […]

Economics / home prices, inventories, jobs, pending home sales, recovery, service sector /

Good News: The Service Sector Springs to Life

April 5, 2010

Two relatively minor reports this morning both have the same message: the economy is growing and that growth is spreading across all sectors. Good news all around. The first report is the Institute for Supply Management’s non-manufacturing activity index, which captures the trend in basic business activity across all aspects of the service sector. This […]