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    Economics /

    Nationalization: Arguments Against … Sort Of

    March 8, 2009

    Straight from Paul Krugman: Anti-nationalization arguments – Paul Krugman Blog The opposition to nationalization breaks down very quickly when it relies on purely financial or economic arguments. Krugman has been relentless in articulating this, so I pass on this link to help spread the word. I can understand, although not sympathize with, an ideological anti-nationalization […]

    Economics /

    Lunacy From the GOP

    March 6, 2009

    I still cannot believe this: FOXNews.com – Rep. Boehner: White House Using Rush Limbaugh as Distraction – Neil Cavuto | Your World At the end of this story GOP House Minority Leader John Boehner suggests that Congress institutes a spending freeze. That’s right a freeze That’s plain lunacy. A freeze would devastate the economy. It […]

    Economics /

    How The Mighty Are Fallen

    March 6, 2009

    Just for fun on a late Friday afternoon, here are some share prices to ponder: Citi: $1.01; market capitalization of $5.64 billion Wells Fargo: $8.61; Market cap. of $36.49 billion Bank of America: $3.17; market cap. of $20.1 billion JP Morgan Chase: $15.93; market cap of $59.86 billion Ford; $1.70; market cap. of $3.95 billion […]

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