It’s been said that politics makes strange bedfellows, and this bailout package vote is no exception. The most…
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Esrati on the Economy
Why Johnny Q. Public can’t pay his mortgage but can bail out Wall Street
Our system is broke. It’s now as morally bankrupt as Wall Street. The American dream is now a complete and utter…
How this financial mess started: Phil Gramm, adviser to John McCain
Before the total melt down of our financial markets this week, way back in May of 2008, the Texas Observer recounted…
Bush gets one thing right: The market isn’t functioning properly
Watching tonight’s presidential address, there was one sentence that stood out-an admission of a fundamental…
How your tax dollars are going to help the rich bastards that got us into this mess
The “banking bailout” is turning into just one more example of corporate welfare. In fact, the bill…
Flintstone living- week 2
My office has power. My house does not, one week after the storm. I’ve had an extension cord running across the…
Free markets aren’t free when they fail.
Things went from bad to worse this week, with two major investment banks floundering and a mega-insurer becoming a…
McCain the knee-jerk jerk
Read this, and realized, we’ve got another finger-pointer running for President. No, Christopher Cox…
How to solve the financial crisis- what you won’t hear from Obama or McCain
There is no question that Wall Street is flailing about, while our President and the two candidates are woefully inept…
Fannie Mae and Freddie Mac aren’t the problem- they’re the symptoms.
There are two approaches to medicine in my humble opinion: one tries to prevent illness or fix what’s causing…
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