More and more sensible people are coming to the forefront, like North Dakota senator Byron Dorgan, one of eight US senators voting against the 1999 repeal of Glass Steagall. I drop these names out of context, so that people will google them and see for themselves.
I like Samuelson’s article in today’s Washington Post. I call [...]

When people voted for Barack Obama they voted for the character and demeanor that spoke to the American people last night. They voted for the author of “The Audacity of Hope”.
When the other choices are weighed, Barack still comes out on top–he may be the most charasmatic communicator to ever lead a civilization into collapse. [...]

Now that we know where we’re headed, the logic of mathematics can tell us how long it will take to get us there.
First, let’s dismiss the global aspect of the problem and focus on the American problem. Our 200 trillion in derivatives is only 20% of the World’s total, but it’s a good number to [...]

Well I thought that President Obama did a masterful job last night with Jay Leno. He gets high marks for remaining cool and, as ever, portraying supreme confidence (and even a sense of humor).
Specifically:
1) He understated AIG’s “billions” in swap related derivative transactions (it’s half a trillion).
2) He DID utter the “D” word, somewhat matter [...]