Yesterday the market went into a wild tailspin- pulled out- then is back to swinging like a pendulum. This isn’t…
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Wall Street Casino
Bill Moyers: plutocracy and democracy don’t mix.
I see this blog as my way of keeping the people of Dayton informed in a way the local media doesn’t. I want to…
The pipe dream of public pensions
The reality is starting to hit home with State pension fund managers: the fun times are over. Heavily invested in the…
We now have a “Middle Class Task Force,” do you feel better already?
On NPR this AM, I heard something about the “Middle Class Task Force” run by Vice President Biden….
Child porn hysteria
“Sexting” is one of those things that makes me laugh- about how out of touch our legislators are- and the…
High frequency trading on Wall Street- and why it should worry us all
On the average day on Wall Street these days, more trades are executed than the sum total of trades in 1960. Sure,…
Note to GM: sorry doesn’t cut it.
It’s time for a reality check. Saying sorry, or having multi-millionaires working for a buck, or even giving up…
While the government is talking limits on credit-default swaps, maybe we’d do best to ban “counter-investing”?
Investing and the market should be about good faith in a company- after all, isn’t that what all the debt rating…
Now that the bailout didn’t change anything- Plan B anyone?
Without systemic change, nothing changed. The bailout was passed, and even despite protecting the wooden arrow…
Still bailing out everyone else but John Q. Public
The latest round of Senate talks on the “bailout” package still hasn’t addressed directly helping…
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