On The Economic Populist you might have noticed the right column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
Should people who cannot answer 150 ÷ 2 = ? be able to take out a home mortgage? A new study, overviewed by the New York Times, shows there is a correlation to being foreclosed on and not being able to answer simple arithmetic questions. No duh.
Must Read Post #3
Paul Krugman calls cash on the claim markets like ripping to shreds wages and social safety nets, as touted by the IMF.
On The Economic Populist you might have noticed the right column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
Must Read Post #1
Gretchen Morgenson notes Banks are dumping their worthless residential loans, including home equity loans, on taxpayers via Fannie Mac and Freddie Mae.
Taxpayers are the ones holding the bag when institutions try to avoid losses by refusing to buy back problem loans they have sold to Fannie Mae and Freddie Mac, the mortgage finance giants that are wards of the state.
Must Read Post #2
Angry Bear wryly comments on the G20 new momentum to reduce deficits is all about Market Concerns:
Finance ministers from the world’s leading economies ripped up their support for fiscal stimulus on Saturday, recognising that financial market concerns over sovereign debt had forced a much greater focus on deficit reduction.
Must Read Post #3
Paul Krugman bemoans the obviously coming Lost Decade, due to G20's focus on debt. Maybe the lost decade has more to do with bailing out mega banks and ignoring the U.S. middle class and real economy.
On The Economic Populist you might have noticed the right column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
Must Read Post #1
I noted some serious doubt on a CBO report claiming the Federal Reserve's toxic holdings are money makers, but Naked Capitalism really drives it home as fiction in CBO Issues Fed Flattering Propaganda:
It conflates the discussion of budgetary costs and financial services industry subsidies, when explicit costs to taxpayers are only the tip of the iceberg of the bennies that banks received from Fed. While the other forms of support are arguably outside the CBO’s purview, the failure to state those omissions means that defenders of the Fed and the banksters can use this report to obscure the true extent of welfare for financiers.
On The Economic Populist you might have noticed the left column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did. These posts are all related to the Greek Crisis.
Must Read Post #1
The New York Times has a fantastic graphic of the interdependence in Europe on Greek Debt with an accompanying article describing the EU dominoes.
On The Economic Populist you might have noticed the side columns. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
The four middle-skill occupations -- sales, office and administrative workers, production workers and operators -- accounted for 57.3% employment in 1979. That portion fell to 48.6% in 2007, and declined to 45.7% in 2009, according to the report.
The O word, offshore outsourcing is mentioned as a cause.
Must Read #2
This is one of those articles where one might strongly suspect a lobbyist plant. A study claims regulating derivatives will cost 41% of Goldman Sachs profits. Hmmmm, does the study assume those funds are now redirected to investing in the real U.S. economy?
On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did. This week has damning posts on tax avoidance through offshore outsourcing.
On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
Must Read Post #1
The Atlanta Fed blog looked deeper into the inventory question after wholesale inventories came up plus the fact most of Q4 2009 GDP was inventories.
On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
The second type of banker is much more dangerous. This person understands how to control risk within a massive organization, manage political relationships across the political spectrum, and generate the right kind of public relations. When all is said and done, this banker runs a big bank and – here’s the danger – makes it even bigger.
Jamie Dimon is by far the most dangerous American banker of this or any other recent generation.
On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.
Sometimes though, one cannot say it better but miss those who did.
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