Archive for December, 2008
In re: Regulation
First, a couple of links, now that our glorious leader has added some posts that have nearly thrown me off the front page:
Madoff whistle-blower doc from 2005 (via The Big Picture)
Comment: The sheer ability of an outsider with a reasonable amount of information could basically nail the argument that Madoff was a fraud and hand [...]
December 31, 2008
Posted in: Economics, Policy 
No Comments
Remember This Book?
Remember the book Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market? With the DJIA sitting below 9,000 today, I am thinking of writing a followup called Dow 10,000: How the Housing Bubble Caused the Markets to Go Insane. It is easy to poke fun at Glassman and Hassett [...]
December 31, 2008
Posted in: Economics No Comments
Blago names Burris
Governor Rod Blagojevich appointed former Illinois Attorney General Roland Burris to the Senate seat vacated by Barack Obama. Under Illinois law, the Governor has sole discretion to appoint the Senator, and Blagojevich did this despite a warning from the Senate Democratic Caucus that the Senate would refuse to seat whomever the Governor appointed. According to [...]
December 30, 2008
Posted in: Politics 2 Comments
Why the Big Three Bailout Will Fail
Charlie Wheelan, the Naked Economist, recently wrote a column for Yahoo! Finance detailing why the Big Three auto bailout is a poor idea. In a nutshell, Wheelan believes the bailout should not be undertaken because 1) No amount of money will actually help the poorly-managed, outdated US auto industry. 2) Because bankruptcy is actually a [...]
December 25, 2008
Posted in: Policy 3 Comments
Welcome to Wade and Wheelan for Congress
First of all, let me say a hearty welcome to Wade, who is now a co-author of this blog. I would like to state that any of his intelligent opinions are mine, but the dumb ones are all his.
In other news, I would like to point people to an exciting Congressional race that is currently [...]
December 24, 2008
Posted in: Policy 3 Comments
