The Best Article I’ve Read On The Banking Situation

(this post was written by Kyle on April 2, 2009, and it concerns & & & )

Anything that is too big to fail is too big to exist.

The Economic News from Margaritaville

(this post was written by Kyle on February 24, 2009, and it concerns & & )

[Hat tip to Stumpy for the link]

Wheee!

(this post was written by Kyle on February 12, 2009, and it concerns & & )

From the Atlantic’s How the Crash Will Reshape America: “No place in the United States is likely to escape a long and deep recession. Nonetheless, as the crisis continues to spread outward from New York, through industrial centers like Detroit, and into the Sun Belt, it will undoubtedly settle much more heavily on some places [...]

Someone Tell Me Why This Is A Bad Idea

(this post was written by Kyle on February 5, 2009, and it concerns & & & )

Jon Stewart’s idea for the stimulus package is the best I’ve heard yet. While the guest in the clip below doesn’t really respond to it, one of this week’s guests, a guy who wrote a book about what President Obama needs to know about the economy, thought it was a good idea. Watch below, then [...]

Now That I’ve Graduated…

(this post was written by Kyle on February 5, 2009, and it concerns & & & & )

From Alternet’s Are Students the New Indentured Servants?: “College student-loan debt has revived the spirit of indenture for a sizable proportion of contemporary Americans…Because of its unprecedented and escalating amounts, it is a major constraint that looms over the lives of those so contracted, binding individuals for a significant part of their future work lives. [...]

I Have A Warm Feeling

(this post was written by Shawn on January 27, 2009, and it concerns & & )

As I was reading how Obama counters Bush on auto standards, I was overcome by a warm feeling. President Obama is doing things that just make common sense, and it’s what this country has been missing for the last decade.
With the recession at full speed, it’s comforting to know that that things are changing. We [...]

Krugman on Obamas’ Stimulus

(this post was written by Kyle on January 26, 2009, and it concerns & )

From Paul Krugman’s Bad Faith Economics: “As a public service, let me try to debunk some of the major antistimulus arguments that have already surfaced. Any time you hear someone reciting one of these arguments, write him or her off as a dishonest flack.”

Bailout Who For What Again?

(this post was written by Kyle on November 25, 2008, and it concerns & & & )

From Organization & Market’s In Praise of the US Auto Industry: “The proposed bailout of GM, Ford, and Chrysler overlooks an important fact. The US has one of the most vibrant, dynamic, and efficient automobile industries in the world. It produces several million cars, trucks, and SUVs per year, employing (in 2006) 402,800 Americans at [...]

This Really Is The Only Answer

(this post was written by Kyle on November 21, 2008, and it concerns & & )

From Seth Godin’s What to do about Detroit: “Not only should Congress encourage/facilitate the organized bankruptcy of the Big Three, but it should also make it easy for them to be replaced by 500 new car companies. Or perhaps a thousand. That’s how many car companies there were 90 years ago. That’s right, when all [...]

One Reason Detroit Should Be Allowed To Fail

(this post was written by Kyle on November 19, 2008, and it concerns & & & )

From ABC News’ Big Three CEOs Flew Private Jets to Plead for Public Funds: “The CEOs of the big three automakers flew to the nation’s capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid [...]