In this society we built for ourselves, consumerism is king. From those churning micro-trades to selling everything from burgers to…
Federal Reserve
Liar’s Poker at the Federal Reserve–“Can’t anybody here play this game?”
That quote’s attributable to Casey Stengel, expressing his frustration over his team’s spectacular ineptitude. Spectacular ineptitude is exactly the phrase…
The Rich Get Rich and the Poor Get Poorer–on the Taxes of the Poor
The Fed’s airheaded bubble orthodoxy By Steven Pearlstein Friday, November 13, 2009 The Federal Reserve is still going through its…
Who’s to Say No? and Other Mysteries of Today’s Too Big to Fail Mentality
The Federal Reserve, announced a week or so ago, is poised to inject $1.2 trillion (whatever that means) into the…
The Paulson-Driven Marshall Plan
Fed Pumps Cash Into System as World Financial Markets Fall By Renae Merle, Howard Schneider and Mary Jordan Washington Post…
The Latest in Unprecedented Scams–Er–Plans
U.S. Unveils Plan to Aid Mortgage Giants Federal Officials Offer Sweeping Proposal to Help Shore Up Fannie, Freddie By Neil…
Steven Pearlstein–Telling It like It Is
A Delicate Balance By Steven Pearlstein Friday, July 11, 2008; D01 You know something’s up when both the secretary of…
Trying to Keep Bush’s Head above Water until after January 20th
Fannie, Freddie Shares Plunge as Unease Rises Talk of Federal Bailout Sparks Sell-Off By David S. Hilzenrath and Jeffrey H.…
A Tag-Team to Save Investors’ Bacon
Fed, SEC Team Up On Bank Oversight Deal Formalized to Coordinate on Wall St. By Neil Irwin Washington Post Staff…
Henry Paulson’s Really Bad Idea
Paulson To Urge New Fed Powers Bank Would Help Police Wall Street By Neil Irwin Washington Post Staff Writer Thursday,…