Thursday, January 7, 2010

Let's do some blogging

Texas, hold your heads high, because you regained your poise and almost pulled an upset there.

If you want a compact explanation of how we got to where we are right now in the financial world, read this. My favorite part:

Now if the aerospace lobby had told us after the 1986 Challenger disaster that the key to better performance was to turbocharge the engines and quit performing preflight inspections, everyone would have agreed that they were crazy. Yet that's essentially what the finance lobby has done over the past decade, and in some weird way we were too mesmerized to recognize it. Within months of a near catastrophe caused by one of the industry's brightest stars, the lobbyists were busily making certain that it would happen again—and that when it did happen, it would be bigger and more disastrous than ever.
Tim Geitner should be fired. This is not how we do things.

Nobody until now has really explained what is in the health care bills. Now someone has!

After the foiled Christmas plane bombing and the insanely stupid TSA rules that were implemented in response, one has to wonder who the real terrorists are. The media, perhaps?

Lulls in the news cause authors to look at subjects at a more deeper level. This lets authors look at why healthcare is so bad, why the financial crisis came about and so on. One thing that isn't getting enough attention is why wages have flattened. Here is some more attention for that vital subject.

Another reason to fire Tim Geitner.

Here's my economic dream team: Paul Krugman, Bruce Bartlett, Paul Volker, Barry Ritholtz, Robert Reich, Simon Johnson

And Finally, GO VANDALS!!!!

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