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    Economics / Geithner /

    Geithner’s Plan … Yet Again

    April 12, 2009

    Forgive me for festering over this one, but any time taxpayer money is thrown around with abandon something inside me wants to know why. So many people have tried to take a shot at explaining the Geithner Plan [a.k.a. PPIP] and those, who like me are critics, all end up asking the same question: why […]

    Economics / accounting, first quarter earnings, Wells Fargo /

    Wells Fargo Profits: Smoke and Mirrors?

    April 12, 2009

    I didn’t comment on this last week when the numbers were reported, but the euphoria surrounding Wells Fargo’s first quarter earnings reports seems a little naive. Short that stock. Having sat in on very similar discussions myself many years ago I can imagine to pressure at Wells to publish good earnings. After all the administration […]

    Commentary / capitalism, democracy, deregulation, Reagan /

    Capitalism and Democracy: An Expansion on My Rant

    April 10, 2009

    Having already been bashed, unfairly, for being ‘anti-capitalist’ I feel I should expand on my previous post. Before I begin, here’s a post at Simon Johnson’s blog to demonstrate that I am far from alone: The Economy and Popular Democracy – The Baseline Scenario So here’s the way I look at this: First, I happen […]

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