Wed 2009-04-01 00:00 EDT
possible Topic in The Credit Debacle Catalog
Wed 2009-02-11 00:00 EST
Jesse's Café Américain: Some Thoughts on the Debt Disaster in the US and UK and Possible Alternatives
Jesse's Café Américain: Some Thoughts on the Debt Disaster in the US and UK and Possible Alternatives
Debt Disaster; Jesse's Café Américain; possible alternative; thought; UK.
Fri 2009-01-16 00:00 EST
AlterNet: The Right Wing's Latest Argument Against Public Health Care -- We'd Like It Too Much
by Lindsay Beyerstein; Cato Institute, wherein Michael F. Cannon argues that blocking Obama's health plan is the key to GOP survival...once people start getting good health care from the government at a price they can afford, they want to keep re-electing the politicians who make that possible.''
Mon 2008-12-15 00:00 EST
London Banker: Fisher's Debt-Deflation Theory of Great Depressions and a possible revision
``I have been both a central banker and a market regulator. I now find myself questioning whether my early career, largely devoted to liberalising and deregulating banking and financial markets, was misguided.''
Fisher s Debt Deflation Theory; Great Depression; London Banker; possibly revising.
Fri 2008-11-07 00:00 EST
Mish's Global Economic Trend Analysis: ECB Cuts .50% BOE 1.5%; Trichet Eyes More Cuts
``The impact from these central bank actions will will be close to zero...It was Keynesian foolishness that caused the housing bubble in the first place. Keynesian foolishness cannot possibly be the solution."
5; 50; BOE 1; cutting; ECB cuts; Mish's Global Economic Trend Analysis; Trichet Eyes.
Tue 2008-09-23 00:00 EDT
The Wall Street Examiner >> Dear Senator, Save Our Beloved Republic!
by Lee Adler; ``By assuming most of the bad debt from the financial system (if thats even possible), the government will be infecting itself with the disease it has been seeking to treat''
Sun 2008-08-24 00:00 EDT
Here comes the downsizing of finance
by Martin Hutchinson (Prudent Bear); auction-rate securities (ARS); credit default swaps (CDS); ``CDS market creates many times as much risk as it hedges or transfers''; GSEs ``leveraged more than would have been possible without the governments quasi-guarantee, lobbied like to crazy to ensure they were not properly regulated and collapsed thankfully into the arms of the taxpayer as soon as ill winds began to blow...by their presence they turned the soundest product in financial markets, the home mortgage, into an obscene speculative casino, causing collateral damage of many times their own losses.'' ``much of the financial services innovation of the last generation was spurious and unsound, and needs to be done away with''
Mon 2008-08-04 00:00 EDT
Is the U.S. Banking System Safe? - Seeking Alpha
Is the U.S. Banking System Safe? by James Quinn - Seeking Alpha; "The U.S. banking system is essentially insolvent. The Treasury, Federal Reserve, FASB, and Congress are colluding to keep the American public in the dark for as long as possible...When you see a bank CEO or a top government official tell you that everything is alright, run for the hills. They are lying."
Tue 2008-06-17 00:00 EDT
naked capitalism: So How Did Lehman Delever? A Not-Very-Pretty Possibility
pinning out two large businesses into independent entities; maintain a 45% economic interest while getting an off balance sheet treatment
Fri 2008-04-18 00:00 EDT
naked capitalism: A Possible Approach to the Mortgage Mess
Sat 2008-04-12 00:00 EDT
Hillary's Flimsy Case : Rolling Stone
Hillary's Flimsy Case, by Matt Taibbi, Rolling Stone; Obama "running as a symbol of a new politics...But if it were to get out that he's not that...then he quickly morphs into a different kind of symbol, a symbol of how an essentially bankrupt political system can seamlessly repackage itself to a fed-up marketplace by making cosmetic changes, without altering its basic nature." "In American politics, always look for the worst possible scenario to emerge triumphant"
Sat 2007-09-15 00:00 EDT
Hussman Funds - Weekly Market Comment: September 3, 2007 - The Problem With Financials
2007-09-03; "I don't believe it's possible or useful to make short-term market forecasts"; "problems for financials are just beginning"
2007; Financial; Hussman Funds; problem; September 3; weekly market comments.