Archive for November, 2009

Blodgett Wins On Points, Er Comments

That was a rather fun little dustup between Felix Salmon and Henry Blodgett wasn’t it? I read Felix’s post yesterday on tainted journalists and thought at the time the shot he took at Blodget would certainly engender a response, and it certainly did. I won’t venture into the fray except to note that Felix has [...]

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Housing’s Still In The Woods

Anyway you slice it or try and put a happy face on it, the news on housing over the past few days has been pretty sobering. I don’t take the decline in housing starts as all that bad a development, the last thing the markets need is more supply, but the decline in mortgage applications [...]

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A Second Stimulus Needs To Take A Different Form

Felix Salmon seconds Paul Krugman’s contention that the AIG bailout and bank bailouts in general have confused and soured the populace on any further stimulus bill. I think that’s just part of the burr under the saddle of the electorate. Here are a couple of other things that people are chafed about. It was one [...]

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A Critique Of The Health Care Debate

I noted yesterday that most of the debate in the MSM and the blogosphere on the subject of health care reform seems to have denigrated to the level of rationalization for a failing Congressional effort on the Left and nothing but politically motivated criticism from the right. An article by Jeffrey Flier, the dean of [...]

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Just Some Random Musings On Today’s News

The day seemed to be dominated by much back and forth about Neil Barofsky’s report on the payment of 100% of AIG’s obligations to its counterparties. There was the usual outrage (Yves Smith), some surprising moderation (Felix Salmon), an intriguing suggestion that the ultimate beneficiaries weren’t Goldman, Merrill etal. but the firms that had hedged [...]

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The U.S. As A Developing Country Manufacturer

Make of this what you choose. From the NYT: Suntech Power, China’s largest solar panel manufacturer, plans to open its first American plant near Phoenix, the company announced on Monday. The plant is to begin production in the third quarter of 2010 and will initially employ 75 people, probably rising over time to 200, according [...]

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Does The Government Really Know The Economic Numbers?

A couple of articles that highlight disparities in the official government statistics on some fairly important economic gauges caught my eye today. Let me offer you a couple of excerpts as well a a thought or two. First, Ed Harrison’s always informative Credit Writedowns did a nice job highlighting some of John Mauldin’s recent thoughts. [...]

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