The Radford Free Press – Page 488 – All life is problem solving.

Economics / stock market, unemployment /

Stock Market Follies

June 18, 2009

Ok Let’s have some fun: There are times when I want to tear my hair out. Today is one. Whatever you do: please take no notice of today’s stock market endorsement of the employment situation. These people are nuts. This is why the whole ‘green shoots’ thing has a bad rap. The wise folks down […]

Economics / banking, financial system reform, regulation /

Lame (Really Lame) Reform Part 2

June 18, 2009

It doesn’t improve overnight. Having vented my frustration at the extraordinarily limp regulatory response to the financial crisis yesterday I thought I would take a deep breath and come back today refreshed. My hope was that I would discover something I overlooked before which would then redeem the proposal. No such luck. “So the solution […]

Economics / banking, CRA, deregulation, Goldman Sachs, Keynes, Minsky, regulation, systemic risk /

Lame Bank Reform

June 17, 2009

Allow me to rant: We deserve better than this. We really do. We have now reached that part of the Obama administration’s agenda where we can start to assess the reality of the intent to introduce change. The core of the next few months, and perhaps the entire first term, rests squarely upon the nature […]

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