Bob Herbert has a great column in today’s New York Times about race. I definitely suggest giving it a read. He says:
The Rev. Jeremiah Wright is no doubt (and regrettably) a big issue in the presidential campaign. But what we’ve seen over the past week is major media overkill — Jeremiah Wright all [...]
Archive for May, 2008
Overkill and Short Shrift
May
11 views
European House Prices are slowing
May
While we all expected house prices to slow and even fall in bubble markets like Ireland, the UK and Spain, it comes as news to me that prices are slowing in Germany as well. I was just in Germany this past month, and while there were economic concerns, the atmosphere felt entirely different than it does in a place like the US.
90 views
The UK is ground zero in the credit crisis
May
Recently, I have started to shift my focus out of the U.S. and abroad as the subprime crisis has become a global credit crisis. The myth of global de-coupling (assumption that other economies could thrive without the help of the American consumer) is being dispelled daily. Countries to watch are Canada, Mexico, China, [...]
Gas Tax Breaks
May
I am wading into this debate over whether or not the U.S. government should temporarily suspend the federal tax on gasoline this summer. I come down on the side against the tax break. Here’s why?In a post about Windfall taxes on Tuesday, I nixed the idea saying:
John McCain and Hillary Clinton are suggesting we [...]
News Round-Up: 2 May 2008
May
Updated throughout the day
US
U.S. Loses 20,000 Jobs in April; Unemployment Rate Falls to 5% (Bloomberg, 5/2/2008) Dollar Reserve Status Is Tale of Fading Glory (Bloomberg, 5/2/2008)Bank of America May Not Guarantee Countrywide’s Debt (Bloomberg, 5/2/2008)Homeowners Convert to Costlier Fixed-Rate Mortgages Amid ARM-Twisted Fears (Bloomberg, 5/2/2008)Bernanke-Geithner `Rogue Operation’ Spurs Further [...]
Obama’s Magic Number is 288
May
According to RealClearPolitics.com. Barack Obama now has 1737 delegates. This is 288 Delegates short of his total needed for victory. As votes are cast and super-delegates creep in, I will update this magic number.
Magic Number: 288
Share
6 views
On My Switch From Clinton to Obama
May
The former Democratic National Committee head Joseph Andrew of Indiana endorsed Hillary Clinton on the day she announced. He has now switched to Barack Obama. (see link here) He says:
I believe that Bill Clinton will be remembered as one of our nation’s great Presidents, and Senator Clinton as one of our nation’s great [...]
17 views
Polls: Is Barack Obama Poised To Lose North Carolina Democratic Primary?
May
The following is a link to a blog by Joe Gandelman, who is Editor-in-Chief at the Moderate Voice online. From what he has compiled, the Wright fiasco has been absolutely catastrophic for the Obama campaign. This could be the thing that implodes the efficacy of his whole candidacy.
Don’t get me wrong, I still [...]
2 views
News Round-up
May
Updated throughout the day
USCorrection: Unemployment Insurance Weekly Claims up 35,000 (U.S. Government, 5/1/2008)Unemployment Benefit Rolls Climb to 4-Year High (Bloomberg, 5/1/2008)Recession’s here, economist Kasriel says (Wilmette Life, 5/1/2008)New York Faces $5.1 Billion Budget Gap as `Worst Yet to Come’ (Bloomberg, 5/1/2008)Home Depot to close 15 stores and lay off 1,300 (Times of London, 5/1/2008)Mobius Sees [...]
Archives
Recent Posts
-
- Where the wild things are
- Stop the madness now!
- Obama job approval now below 50%
- Morgan Stanley expects 10-year yields to rise 220 bps in 2010
- Largest U.S. refiner Valero now permanently shutting capacity
- News from around the web: 2009-11-20
- Bill Gross: "I think unemployment is here to stay"
- Ivy Zelman: “Home prices are going back down”
- Gross isn’t buying corporates, high yield or equities even with zero rates
- What would an alternative to bailouts have looked like?
Recently Popular
- China’s empty city: the emperor really has no clothes
- Meredith Whitney: “I haven't been this bearish in a year”
- Roubini: For unemployment "the worst is yet to come"
- Gross isn’t buying corporates, high yield or equities even with zero rates
- China slams U.S. for inflating global asset prices via carry trade
- Barack Obama: “if we keep on adding to the debt… that could actually lead to a double-dip”
- Hong Kong: “America is doing exactly what Japan did last time”
- If this is recovery…
- I am now moving from multi-year recovery to a double dip baseline
- Steve Keen: Debt and the economy - how do we pay for all of this?
Most Viewed
- Credit Crisis Timeline
- Switzerland threatened with bankruptcy
- Letterman’s Top 10 George Bush moments
- Is the State of California bankrupt?
- The Dummy’s Guide to the US Banking Crisis
- Top ten predictions for the 2009 global economy
- Marc Faber: I advise every American to hold his gold outside of the United States
- Chart of the day: Dow 1928-1932
- The Swedish banking crisis response – a model for the future?
- Quantitative easing: printing money like mad to ward off deflation
- The recession is over but the depression has just begun
- About
- Byron Wien: Ten Surprises for 2009
- Lehman Brothers: a primer on Credit Default Swaps
- The top 25 European banks by assets
- The TED Spread
- Marc Faber: China’s numbers are fake
- Currency crisis is gathering storm
- Chart of the day: Total US Debt
- Citibank has cut all lending in Denmark
Resources
Translate
- Powered by Google Translate.
Polls
- Sorry, there are no polls available at the moment.






