Archive for February, 2014

Comcast And Competition

Felix Salmon concludes his post on the Comcast acquisition and broadband competition with this paragraph. So don’t count on competition to bring down prices in the broadband space. This is an area where the regulators — and only the regulators — can really be effective. Ah, the enduring faith in the ability of government to lead us [...]

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Data Mining At The Consumer Financial Protection Bureau

Why? Officials at the Consumer Financial Protection Bureau are conducting a massive, NSA-esque data-mining project collecting account information on an estimated 991 million American credit card accounts. It was also learned at a Congressional hearing Tuesday that CFPB officials are working with the Federal Housing Finance Agency on a second data-mining effort, this one focused on the 53 million residential mortgages taken [...]

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Ignore This Month’s Employment Report

Another month, another jobs report. According to economists the report is bleak, adversely impacted by weather, full of unseen positives and, of course, going to either cause the Fed to delay tapering or stay the course. Given the fact that the reliability of the data is tenuous at best (the payroll survey and household survey [...]

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