The Radford Free Press – Page 395 – All life is problem solving.

Economics / Consumer Price Index, consumption, Federal Reserve Board, inflation, jobs, retail sales /

Sales Edge Up; Inflation Flat

April 14, 2010

This morning’s news is a quiet confirmation that the economy is slowly perking up. But it is not a ringing endorsement of growth either. So we remain in a form of economic limbo waiting for stronger signals that the recovery is gathering pace. The better news today is the March retail sales figure. Last week […]

Economics / B. of A., bailouts, banking, Citibank, Goldman Sachs, Hayek, JP Morgan Chase, Milton Friedman, Morgan Stanley, Wells Fargo /

A Mockery of It All: Wall Street, The Joke’s On Us

April 13, 2010

Here I am, late at night reading accounts of the implosion on Wall Street. We are sufficiently past the peak of the crisis that we now have a few good books that explore or describe in detail what went on. They penetrate deep into conversations and exchanges that took place at the epicenter of the […]

Economics / bailouts, bank reform, banking, bankruptcy, regulation /

The GOP Opposes Bank Reform?

April 13, 2010

Well sort of. What they oppose is the currently proposed bank reform bill that Senator Dodd has introduced. If this seems a lot like health care reform … you are correct. So far the GOP had studiously avoided saying what it thinks is good reform. All we know is that the Senate Republicans will say […]