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A Sober Warning To The GOP - And The Democrats 22 Apr 2010 | 12:32 am

The political witch-hunt that is now being fomented related to the SEC's charges against Goldman is a minefield that threatens to blow up the GOP for the next 20 years - if not permanently. The full-...

A Sobering View Of Macro Economic Reality 5 Apr 2010 | 06:12 am

In 2001, we had a recession, right? We recovered, right? Are you sure? Are you curious as to why manufacturing has continued to shift to China, why the only "good jobs" in this country seemed to be...

How Far Down The Rabbit Hole Must We Go? 22 Mar 2010 | 01:38 pm

.... before our citizens - and government - wake up? If you remember in October of 2008 I put forward the following: The Truth is that we now require about $5 of debt to generate $1 of GDP. The Tru...

Whadda 'Ya Mean It's Not Over? 4 Mar 2010 | 03:33 am

See, I told you so.... In the report, the panel, that includes Rob Johnson of the United Nations Commission of Experts on Finance and bailout watchdog Elizabeth Warren, warns that financial regulator...

How Long Before You Wake Up, Politicos? 24 Feb 2010 | 04:43 am

I'm going to write today about a very somber subject.  It will be, as it usually is here in one form or another, about math. First, some background.  If you believe that we have "escaped" from the me...

What The Hell Is Wrong With People? 12 Feb 2010 | 03:50 pm

I will probably draw comments like "you doth protest too much!" for this, but I think it's important. My exchange in email with Jonathan Weil over my "Whistling Past The Graveyard We Be", in which he...

The Light Begins To Wink On 1 Feb 2010 | 08:10 am

It has taken nearly three years since The Market Ticker began publication in April of 2007. At the time I said: To control that risk, banks, which used to hold mortgages on their own, started "secur...

Where We Are, Where We're Heading (2010) 2 Jan 2010 | 08:08 am

Let's score the 2009 edition first: The economy will NOT recover in 2009:  I'll take this one, although some would argue I only deserve half (I said 8% unemployment U3, we actually got 10%.) Deflat....

Mish "Hard Money" Goes Off The Rails 8 Oct 2009 | 07:27 am

I am occasionally stunned when someone who I thought had a good grasp of reality and reason goes entirely off into left field, powered by a thesis that has run out of track. Mish, unfortunately, has ...

Sound Banking: A Capitalist Imperative 8 Oct 2009 | 07:26 am

It is time to "clear the decks" and talk about exactly what a sound banking system is - and is not. It is time to identify that which is an exercise in capitalism, and that which is an exercise in fr...

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