Good weekend reading for those who want to go a little deeper into the perils of our economy. First a link to Paul Krugman’s blog at the New York Times: Op-Ed Columnist – Paul Krugman Blog I want to call your attention to two of his entries: First is the short piece about ‘Zero Lower […]

This is not as interesting as railing about bank bailouts … but I should pass on the inflation figures released today. Here is the government report, hot from the press: Consumer Price Index (CPI) The major news here is, of course, the incredibly low inflation rate for the year. At 0.1% it is the lowest […]

Those of you who know me well enough will understand my glee when I read this article from today’s New York Times: Rescue of Banks Hints at Nationalization I have said all through this crisis that the cleanest and quickest way to bail out the banks is to inject capital. The plan would be for […]