just thinking out loud
It is no surprise to catch a politician lying, but the sheer brazenness of Obama’s disregard for inconvenient facts in his recent appearances is a bit of an eye opener. What worries me far more, however, is his willingness to talk the economy further and further down (such as by warning of a ‘catastrophe‘ if [...]
Just patting myself on the back a bit. Everyone has been so wrapped around the axle about McCain not slamming Democrats and Obama on the subprime mess, that the collective sigh of relief around the conservative blogosphere today caused hurricane-force winds.
Secretary Paulson and Congressional leaders have no monopoly on market-damaging panic. Witness today’s article in the UK’s Telegraph, claiming that world financial markets are ‘falling into the abyss.’ The article shares blame around, but places most if it on German chancellor Angela Merkel for opposing the redistribution of wealth among European countries. A sample from [...]
I think even the most diehard anti-bailout partisans, both left and right, would agree that there have been increasing problems in the financial markets, and that those problems seem to be coming to a head. Although I have a degree in economics, it has been almost two decades since I have used much of that [...]
