Monthly Archives: October 2009

  Quote Peggy Noonan: We’re Governed by Callous Children – WSJ.comThe biggest threat to America right now is not government spending, huge deficits, foreign ownership of our debt, world terrorism, two wars, potential epidemics or nuts with nukes. The biggest … Continue reading →

  Quote Methane’s impact on global warming far higher than previously thought – Times OnlineThe effects of a critical greenhouse gas on global warming have been significantly underestimated, according to research suggesting that emissions controls and climate models may need … Continue reading →

  Quote Analysis: The Fed Overpaid Wall Street By $13 Billion (GS, AIG, CS)Some believe the Fed overpaid to the tune of $13 billion when it directed AIG to pay off amounts owed by the insurer to major banks such … Continue reading →

  Quote Swiss Banking Is FinishedSwitzerland’s decision to start playing ball with other governments on issues like tax evasion and the arrest of Roman Polanski has destroyed the country’s reputational capital, which formed the core of its banking system. If … Continue reading →

  Quote Five Things: The Debt Crisis Is Not a Conspiracy-Minyanville – Recently, I ran across a long-winded, chart-filled screed haranguing the Federal Reserve for single-handedly taking over the entire capital market. The claim actually made a certain kind of hysterical … Continue reading →

  Quote Chinese banks to fund $1.5B Texas wind farm – Yahoo! NewsChina took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the power to light … Continue reading →

  Quote Moody’s May Downgrade Mortgage Bonds With New Outlook (Update2) – Bloomberg.com(Bloomberg) — Moody’s Investors Service said it’s planning a review of U.S. home-loan securities that will likely lead to another round of rating changes based on a new … Continue reading →

  Quote Growth and jobs – Paul Krugman Blog – NYTimes.comObviously, 3.5 percent growth is a lot better than shrinkage. But it’s not enough — not remotely enough — to make any real headway against the unemployment problem. Here’s the … Continue reading →

  Quote CynicusEconomicus – US Economic Growth Deconstructed – I thought it might be worthwhile to return to the well worn subject of GDP growth. What we are seeing is the mirage and magic of statistics. I will explain this as … Continue reading →

  Quote Federal Researchers Find Lower Standards in Schools – NYTimes.comA new federal study shows that nearly a third of the states lowered their academic proficiency standards in recent years, a step that helps schools stay ahead of sanctions under … Continue reading →