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    Politics / Eisenhower, Reagan, republican party /

    Times and Parties Change

    February 16, 2010

    My son sent me a great link to the Daily Kos, where he highlighted an intriguing entry. I have copied the opening for your reading pleasure: Please help me discover the origins of this brilliant party platform: We are proud of and shall continue our far-reaching and sound advances in matters of basic human needs‰ÛÓexpansion […]

    Economics / banking, Barclays, finance, Goldman Sachs, rent seeking /

    Absurd Bank Profits: Barclays Edition

    February 16, 2010

    Barclays Bank, the almost buyer of Lehman back in the depths of the crisis – the UK government vetoed the proposed acquisition – just reported that it made an $18 billion profit in the fourth quarter. That’s a stunning turn around for a bank that was in the same boat as all the other major […]

    Economics / California, deficits, Euro, fiscal policy, Florida, Greece, Ireland, monetary policy, Portugal, Spain /

    Kick The Greeks Out?

    February 15, 2010

    A small majority of German voters apparently now want to kick the Greeks out of the Euro. That won’t happen, of course, due to the enormous consequences of exposing the Greek economy and its new non-Euro currency to the fury of the world markets. Going solo right now would be a one way ticket to […]

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