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  • Re: Fleeing Millionaires

    No, you have it wrong, Fella. When we have a Fiscal Crisis, it is because the Banks, the Elites, and their bought and paid for, 24 hour Media Saturation and Pollution of the Democratic Debate Field, have so ruined the Culture and the Country and the Economy, as to affect the employability and opportunity of Middle Class and Working Class guys like ...
    Posted to Moneybox by MichaelBernard4 on July 25, 2009

  • Re: Great Article

    Agreed. A good article all around. The Federal Reserve system is confusing as hell, making oversight particularly difficult.
    Posted to The Best Policy by ishmaeldaro on May 6, 2009

  • Blinded Regulators Can't Wield a Big Stick

    part of the regulation that destroyed transparency in the shadow financial sector required regulators to defer to private credit rating companies - rather than depend on government regulators to investigate independently the credit worthiness of the toxic securitized mortgage investments in this case, it wasn't deregulation - it was proactive ...
    Posted to The Best Policy by barry payne - economist on April 2, 2009

  • It is REALLY good to see you back, Gov. Spitzer!

    Your knowledge of where the bodies are buried on Wall Street is urgently needed. Many of us were disappointed that you left yourself open to be removed from a position where you could hold the banksters accountable. But I believe that most New Yorkers (and Americans) are a lot more forgiving of a sexual peccadillo than we are of the rampant ...
    Posted to The Best Policy by DFH on March 21, 2009

  • AIG Conspiracy of Shame

    Credit Default Swaps are bad business practices, and create unsustainable cash flows. Unfortunately, Credit Default Swaps have been unregulated, and represent a license to steal. Years ago, computer programmers could create cash flows from rounding calculations in financial transactions. When you take millions of pennies from rounding ...
    Posted to The Best Policy by richard_lee_morris on March 17, 2009

  • The 123 steps to clean up this banking mess!

    Here is the 3 Step Solution. Step 1. Declare all insured bank accounts as legal tender and remove them from off the balance sheets of the banks making the banks custodians of these once liabilities now turned assets. Step 2. In exchange for the banks being relieved of their liabilities they will be required to sell all loan assets to the ...
    Posted to Moneybox by JeffreyHilde on March 15, 2009

  • Nationalizing Citi is a good idea

    This is the right thing to do, so as to help restore trust and confidence in our nation's largest bank. Time Mag recently ''stress tested'' 4 large banks (Citi, Wells Fargo, JPMorgan, and Bank of Am). Citi definitely is in trouble. Restructuring the banks business lines, and restoring a sound management team can be accomplished with assistance ...
    Posted to Moneybox by richard_lee_morris on February 26, 2009

  • Depression Economics

    I think that we are not going to start seeing the light at the end of the tunnel until the DJIA hits 7,600. See, http://atomai.blogspot.com/2008/12/depression-economics-americas-economic.html
    Posted to Moneybox by albertroldan on February 10, 2009

  • the Un Caped Crusader Explainer

    Would the Slate Editorial Staff care to run an Explainer on why the Slate Editorial Staff would want to give the Un-Caped Crusader a forum? It appears to be a not so subtle grab for a lead headline to drive traffice. We know business is down, but seriously, where's the backbone. Not only was he unsuccessful as a Governor, husband, father, ...
    Posted to The Best Policy by paco on December 6, 2008

  • Too Big to Fail

    Eliot Spitzer's arguments against the bailouts are spot on. This is the first really intelligent analysis of the problems facing the American economy and the financial sector. Of course, because he is so right, he will be ignored. Just as the White House has come around to bailing out Detroit, (no doubt because of the influence of the top GOP ...
    Posted to The Best Policy by Richard Cummings on December 6, 2008
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