Theater of the Absurd
Most of the press attention in Washington DC last week was on the healthcare reform revival meeting convened at Blair House on Thursday and for good reason – it was so long it stretched across several news cycles. The summit was convened by President Obama allegedly to see if a bipartisan approach to healthcare reform could .. read more
Nattering Nabobs
One of the most interesting debates in economic and investing circles today concerns the mental state of investors. Are they overly optimistic about the state of the economy, buying stocks with no regard for the risks? Or are they still so shell shocked that they’re willing to pay Uncle Sam to hold their money in T Bills? Stocks .. read more
Barack Hoover Smoot Hawley Obama
From the NY Times, June 28: “At a time when the economy worldwide is still deep in recession and we’ve seen a significant drop in global trade,” Mr. Obama said, “I think we have to be very careful about sending any protectionist signals out there.” WASHINGTON, Sept 9 (Reuters) – The U.S. Commerce Department said .. read more
