Obama's Economic Quagmire: Frank Rich and Adam Moss Talk About What's Really In Ron Suskind's Revealing New Book About the White House -- Daily Intel
(via Instapaper)
Obama Has Always Been for Premature Fiscal Austerity
Paul Krugman sends us to Mark Thoma who sends us to Jonathan Schwarz, who points out that there is evidence that Obama rejected his economists’ judgment that the economy needed a bigger stimulus…
Herbert Hoover Against Early Payment of the WWI Veterans' Bonus
Herbert Hoover:
September 14, 1932: It is my duty to the country and to the veterans that there should be no misunderstanding of my position upon payment of the face value of the adjusted…
Business Investment in Equipment and Software Is Doing Fine...
Companies are having no trouble at all finding the cash to boost their stocks of machinery, equipment, and software. No trouble at all.
What is still profoundly in the dumps is…
Treasury Nominal Yield Curve Rates
That sucker at the far right has a duration of 17 years…
Right now I am really, really, really sorry that we do not have a consol…
Wonkette Learns About the Balance Sheet Recession
Wonkette:
Study: Americans Poor Now Because They Don’t Have Any Money: A startling new study proves that America’s Middle Class has been utterly, completely wiped out…. Apparently, wages…
George Will and Gretchen Morgenson's Claims That Fannie and Freddie Caused the Financial Crisis: For the Virtual Green Room
Rebutted by Dean Baker:
It really is incredible to see such a concerted effort to rewrite history in front of our faces. There is not much ambiguity in the story of the housing bubble. The…
2004 Domaine Robert Jayer-Gilles Echezeaux du Dessus, France, Burgundy, Cte de Nuits, Echezeaux Grand Cru
From Cellar Tracker:
2004 Domaine Robert Jayer-Gilles Echezeaux du Dessus, France, Burgundy, Côte de Nuits, Echezeaux Grand Cru: VarietyL Pinot Noir…. Drinking window: Drink…
