The Weekend Interview with Paul Singer: Mega-Banks and the Next Financial Crisis – WSJ.com. ===== By JAMES FREEMAN At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators on both sides of the Atlantic that the world was facing a major financial crisis. They ignored him. Now the founder of... Read more
Archive for the ‘Economics’ Category
Pressure Mounts on Absent Democrats
March 4 | Posted by mrossol | Economics, Obama, Party Politics, The LeftPressure Mounts on Absent Democrats – WSJ.com. I thought the American Political System was based on participation? Aren’t Democratic and Republican elected officials elected so that they will “be there” and represent their constituents? If they don’t like the proposal, cannot they simply offer an amendment for everyone to be part of the union, everyone to earn union wages and benefits…... Read more
People are Standing in Line for the Privilege to be Regulated!
March 4 | Posted by mrossol | American Thought, Economics, Obama, SocialismStill Too Big, Still Can’t Fail – WSJ.com. … He said what..? === The 2010 Dodd-Frank law was sold as a way to prevent future bank bailouts. But so few people believe it that Sheila Bair, chairman of the Federal Deposit Insurance Corporation, has embarked on a campaign to convince the markets that next time really will be different. On Friday... Read more
What about American Oil?
March 4 | Posted by mrossol | American Thought, Economics, Politically correct, The LeftSean Parnell: Time to Get Serious About American Oil – WSJ.com. Assume there are only 120 million adults in the US who might understand this. Are there anymore than 25% who do? ========
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Dollar’s Reign is Over?
March 2 | Posted by mrossol | EconomicsDollar’s Reign as World’s Main Reserve Currency Is Near an End – WSJ.com. Not sure I agree with the entire article, but it should be required reading for all 6th graders and up…
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