From the “You gotta be kidding me” file: House just voted on 2 bills that would undercut new financial regulations

This one somehow snuck past me. I happen to read on Populist Jim Hightower’s website about this one here and I went and looked it up and sure enough; there it was in black and white: The story: WASHINGTON –– To … Continue reading

Great opinion piece on the Federal Reserve Bank by George Will

I highly suggest that you read it. Quote: Because Ben Bernanke’s public persona is as mild as milk, the transformation in American governance in which he has participated is imperfectly understood and hence insufficiently deplored. The change is dramatized by … Continue reading

So, why did gold crash?

I am not an expert on the subject, but I think here might be a good reason as to why: In the wake of gold prices cratering in recent days, more than a few prominent experts have already started pinning … Continue reading

Hope and Change: Government drops probe of possible inside trading by media companies

Hmmmmm… Maybe Cornell West has a point: The dismissal of an investigation into major media companies suspected of giving clients a sneak peek at crucial data drew great surprise on Wall Street, where traders make their living profiting from blips … Continue reading