The Voodooest Economics of Them All - Reason.com
If you've successfully managed to keep your breakfast down for this long, don't read this Bloomberg News analysis of the bailout extravaganza. Your lead paragraph: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American
Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of
Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as
Free-market Thinkers - New American
With bailouts and other unabashed socialist projects being embraced by both political parties to "save our economy," has free-market economics been proved faulty? In the bailout-a-week political climate, it is all too easy to believe that free-market
The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank
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