When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Latest news (Page 165)
AIG to pay $503 million to top execs
More good times at AIG, the failed insurance company that has (so far) received $152 billion in Federal bailout money.
$10 million gets you $billions!
Several insurance and financial service companies are reportedly buying up small S&L's, for as little as
Closures & Layoffs (Nov. 9-15)
Mark Heschmeyer's weekly report, from CoStar. We'd heard about the DHL layoffs from our UPS driver.
The Bank of Michael Perelman
From Michael Perelman's blog, Unsettling Economics. I am happy to announce that I have changed my name. As
Big Mac's Heart Attack
The Treasury is pumping in billions of dollars into mortgage giants Fannie Mae and Freddie Mac (now under federal control
Should we stop dumping money into a hole?
In The Know: Should The Government Stop Dumping Money Into A Giant Hole?
More AIG Fun With Bailout $$
AIG execs just want to have fun, even if it means they have to sneak around mean old Uncle Sam
Transcript of NewsHour Interview with Paulson
From the NewsHour with Jim Lehrer, to be aired tonight. JIM LEHRER: Mr. Secretary, welcome. SECRETARY HENRY PAULSON: Good to
Dialectic of Exaggerations
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
The High Priests of the Bubble Economy
Dean Baker via Yves Smith of Naked Capitalism; hat-tip to Ben Collins. Dean Baker goes full bore after two
Outstanding Analysis by Anatole Kaletsky
From today's Times. Here's a nugget: "The answer, to return to my medical analogy, is
Paulson Changes Tack Yet Again on TARP
It's a good thing (for him) this guy doesn't have to face elections. From Reuters: Treasury