Monthly Archives: September 2010

China’s On Top, So Get Used To It – In an all-too-predictable development, our trade problems with those devious, untrustworthy Chinese has come to the fore again. In an election year, politicians must find someone to blame for America’s economic … Continue reading →

Civilization’s Foundation Eroding – The thin layer of topsoil that covers the planet’s land surface is the foundation of civilization. This soil, typically 6 inches or so deep, was formed over long stretches of geological time as new soil formation … Continue reading →

99ers Legislation Blocked In Senate – Legislation by Sen. Debbie Stabenow (D-Mich.) to help the "99ers" — unemployed people who’ve exhausted the 99 weeks of unemployment insurance available in some states — failed in the Senate on Wednesday, to nobody’s … Continue reading →

  Quote GMAC’s ‘Robo-Signers’ Draw Concerns About Faulty Process, Mistaken Foreclosures – ProPublica Several states have ordered a freeze on foreclosures [1] by Ally Financial’s GMAC mortgage unit [2], which has come under fire in court for using “robo-signers [3]” … Continue reading →

Health advocates urge EPA regulation of greenhouse gases – Labeling climate change “a serious public health issue,” more than 100 leading health advocates called on Washington policymakers this week to allow the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions. … Continue reading →

  Quote All Of This New Regulation Is Going To Make Banks Leave The U.S. And Europe Over the course of the past two years, a lot of tomatoes have been thrown in the direction of Wall Street. Some of … Continue reading →

Federal Reserve Board Nominations Confirmed – Brad DeLong reports: Finally…, At least one year late and many dollars short: Nominations Confirmed: September 29: These nominees were confirmed by Voice Vote: Sarah Bloom Raskin, of Maryland, to be a Member of the … Continue reading →

   Florida’s foreclosures nightmare – We should all be very concerned about the foreclosure situation in Florida. If you are a homeowner or potential homeowner, you should find it offensive that people’s property rights are being violated in such a flagrant … Continue reading →

  Quote The Macro Trader » Contrary To Popular Belief Money Supply Is Still Fairly Tight  Ever since the David Tepper interview last week on CNBC we have heard a lot about how money supply is finally expanding.  Yes, M2 … Continue reading →

In Tax Cut Plan, Debate Over the Definition of Rich – NYTimes – President Obama has proposed preserving the cuts for middle-class Americans and letting them expire for the top 2.5 percent of taxpayers — individuals who make more than $200,000 … Continue reading →