ShadowStats: John Williams' Shadow Government Statistics There's a gap between Americans' experience of the economy and the rosy reports they hear from Washington. Tinkering with definitions is an easy way for government officials to make their economic performance look better...
Posted by Michael Bates on December 28, 2014 1:22 AM
Ace of Spades HQ: Change! Plurality In Rasmussen Poll Say Cancel The Rest Of The Stimulus Plan 45% say cancel the rest of the stimulus spending, but 55% say keep the tax cuts. The US has lost a million more...
Posted by Michael Bates on June 10, 2009 12:29 PM
Bloomberg.com: Worldwide: Taleb's `Black Swan' Investors Post Gains as Markets Take Dive "Universa Investments LP, the Santa Monica, California-based firm where Taleb is an adviser, has about $1 billion in accounts managed to hedge clients against big moves in financial...
Posted by Michael Bates on November 30, 2008 7:42 PM
London Banker: Systemic Risk, Contagion and Trade Finance - Back to the Bad Old Days "The recent 93 percent collapse of the obscure Baltic Dry Index - an index of the cost of chartering bulk cargo vessels for goods like...
Posted by Michael Bates on November 28, 2008 11:20 AM
A Short Banking History of the United States - WSJ.com It's all Jefferson's fault, says John Steele Gordon, because he didn't understand the notion of a central bank....
Posted by Michael Bates on October 13, 2008 6:17 PM
"This is the deeper political import of his relationship with Bill Ayers and the Rev. Wright. For all his talk about change, Obama has been far better at adapting to the environments in which he finds himself. In Chicago,...
Posted by Michael Bates on October 7, 2008 7:07 PM
Ace of Spades HQ: Where's That Credit Crunch? Gabriel Malor looks at the most recent Federal Reserve data on commercial bank loans and leases and finds that credit growth is slowing but credit isn't contracting....
Posted by Michael Bates on September 30, 2008 1:46 AM
Final Vote Results for Roll Call 674 Oklahoma's Sullivan, Lucas, and Fallin refused to eat the "crap sandwich" aka the bailout bill. Good on 'em. (More here from House conservatives about what was wrong with the proposed bailout.)...
Posted by Michael Bates on September 29, 2008 2:04 PM
Bad News For The Bailout - Forbes.com Where did that $700 billion bailout number come from? "'It's not based on any particular data point,' a Treasury spokeswoman told Forbes.com Tuesday. 'We just wanted to choose a really large number.'" Via...
Posted by Michael Bates on September 29, 2008 12:04 PM
Work & Family - WSJ.com: When Tough Times Weigh on the Kids How to reassure your children in a time economic uncertainty, how to explain a layoff, a tight family budget, Dad working extra jobs. (Hat tip to John Eagleton.)...
Posted by Michael Bates on September 24, 2008 12:16 PM
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