Archive for the 'economy' Category

12
Jan
09

60 Minutes story on banks & hedge funds driving summer-2008 oil bubble

Vodpod videos no longer available.
Here’s a good in-depth article following up on this video:

http://www.ritholtz.com/blog/2009/01/oil-speculation/

27
Nov
08

great energy conservation commercial

27
Nov
08

biggest gov’t ‘public works’ project in US history

too bad we couldn’t have spent this money on actual “things” or “stuff”. Or even better, maybe its really like getting out of college with lots of student loan debt, except that you don’t graduate and are dumber than when you started….

25
Nov
08

great visual explanation of financial meltdown

fincrisis1from The Big Picture

25
Nov
08

bailout for home construction industry???

perfect – let’s inflate yet another hollow housing bubble by building fannie/freddie on steriods.

Excerpt:

Everyone is coming to Washington with their hands out these days, and the home builders are no exception. The builders are pitching Congress on a two-hundred-and-fifty-billion-dollar stimulus package designed to lower mortgage rates (via federal subsidy) and encourage home buying (via a tax credit). Until home prices stabilize, they argue, there’s no way for the financial markets really to settle down.

http://www.newyorker.com/online/blogs/jamessurowiecki/2008/11/do-we-really-ne.html

24
Nov
08

more doom and gloom from peter schiff

he’s definitely a mini ron paul broken record but he has been one of a handful of a analysts that have predicted this mess.

part 1

part 2

21
Nov
08

great debate on fate of auto bailout / bankruptcy

part 1

part 2




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