Posts In Category

Economy

Steven Pearlstein asks some questions on the auto-industry bailout that neither Congress nor the President Elect is inclined to answer: [I]f the government provides money to...

Megan McArdle captures, more simply and clearly than anyone else has yet done, why it is that support for the Big Bailout does not and...

Max, I think there is something else also at play here. Even if one assumes that it is in our interests to "do something" about...

Morton Kondrake, on the Obama's Friday presser: Well, look, if you start bailing out the auto companies, who do you not bail out? As Charles [Krauthammer] says,...

The Wall Street Journal notes: The stock market selloff that greeted Mr. Obama's election this week is another sign of these gloomy realities. On Wednesday and...

Steven Pearlstein observes that Treasury Secretary Hank Paulson made a $125B "error" in the form of Fed's forced equity purchase in nine banks. The banks are...

Bad news for our kind and supportive European partners. Even though Der Spiegel ran a cover story about the cost of American arrogance, and the...

Gordon, you say "We're cooked." Perhaps not quite yet. For one thing, we have not yet had a classic crash, such as we had on...

Today, Asian and European markets plunged, threatening to bring American stocks with them. Selling of Dow Jones Industrial Average futures was prohibited early morning...

This morning, Warren Buffett says he is now buying American equities. Once, his personal portfolio was totally invested in U.S. government bonds. Soon,...

The Republicans are gamely trying to hold back the tide as Congressional Democrats put hundreds of billions in a new "stimulus" package. Rep. John Boehner...

Jen, surely you jest -- government has had a hands-off policy toward financial institutions? Sarbanes-Oxley, in 2002, certainly wasn't hands-off. Executive compensation is already capped...