The more I read and think about AIG, the closer I get to having a conniption. Even Bernanke said it yesterday: nothing makes him angrier than the…
The latest car sales numbers just came in, and they truly are bad enough to make a grown man cry. GM and Ford sales fell by half in February. At…
I felt like I was watching a bad horror movie this morning as Fed Chairman Ben Bernanke testified before Congress. Bernanke said the government…
There's an ugly, human thread that runs through all of the collapses and fraud on Wall Street. Two items I read this morning point it out clearly….
Man, the bad economic news just beats you down doesn't it? Today was especially dispiriting because… well, you know what? I'm declaring safe…
I remember vividly my first day taking a class on Soviet politics in college. The class began in August, 1991. The Soviet Union was collapsing…
Q: What happens to money when you throw it into a fire? A: The same thing that happens when you give it to AIG. Today's 4th bailout of the…
A new research paper suggests immigrants are leaving the US to return to their home countries — mainly because of the job market rather than…
This morning, the Dow is trading below 7,000 for the first time since October 28, 1997. It's just got to be the bottom, right? I wouldn't bet on…
Our afternoon session at the economic bloggers forum has been especially lively. That's because we're talking about how the hell we can get out of…