John Daily is a national treasure. Thank you John for having the balls to tell the king – to his face – that he has no clothes. Journalism plays a crucial role in our democracy and in capitalism. Unfortunately so much of what is touted as journalism today, especially on TV, is purely entertainment. Its […]
Category / Economy
The Crisis of Credit Visualized is a nice primer on one aspect of the financial system meltdown.
Nobody knows if Obama’s stimulus bill will help the economy. The politicians that say that this part or that part will or won’t work are full of it. Our government has to try stuff. Most of it probably won’t work; but some of it might. Then we have to try more stuff. A laissez-faire approach […]
Thomas Friedman delivers again, expressing many of my thoughts about this crisis. By crisis I mean the political crisis, which is much more threatening than the financial crisis. Our national political system is broken. (By the way, I really don’t have much of an opinion on the bailout legislation. I don’t think there are many […]
