The Radford Free Press – Page 426 – All life is problem solving.

Economics, Politics / health care, Howard Dean, Paul Krugman /

Howard Dean and Health Care Reform

December 17, 2009

I don’t want to delve too far into health care reform at the moment. Frankly nothing is more distasteful to me than the current tangled and smoke filled room mess in the Senate. Apparently any single senator can derail anything, which merely highlights how undemocratic American politics can be at times. The Senate is an […]

Economics / deficits, Federal Reserve Board, fiscal policy, inflation, interest rates, jobs, stimulus, unemployment, wages /

Jobs, Inflation, and Bonds. Mixed News.

December 17, 2009

The various reports published this week paint a decidedly mixed picture. I haven’t talked about them because individually they are fairly self explanatory, but together they are beginning to make some sense in a different way. Take today’s unemployment insurance weekly claims report. This is the second week in a row that claims have risen, […]

Economics / bailouts, banking, Citibank, Goldman Sachs, interest rates, Paul Volcker, regulation, rent seeking, TARP /

Citibank; Volcker and The Banks

December 16, 2009

It seems like an age since I was filling this space with my opinions about the pros and cons of nationalization. In terms of bank earnings it has been an age: the big banks have all done extremely well this past year. Not that they could have fouled up in such a featherbed environment, rigged […]