Category Archives: Wall Street

Krugman lays the smackdown on Silly David Brooks

Paul Krugman’s response to David Brooks’ column today — which is itself a response (of sorts) to Krugman’s recent writing — is remarkably restrained, considering Brooks the Dumdum succeeds only in distorting Krugman’s arguments and appealing to that most juvenile … Continue reading

Posted in Politics, State of the Media, Wall Street | Tagged , , , , , , , , | 1 Comment

Sen. Nelson has never used an ATM, but he knows about 'holograms'

Some of you out there think Washington Insiders are out-of-touch oligarchs who couldn’t wipe their own ass without a congressional staffer and probably an intern to jot down the minutes.  Well, in the case of Ben Nelson, you may be … Continue reading

Posted in Politics, Technology, Wall Street | Tagged , , , , , , , | 1 Comment

NYT: It's not our job to tell you when McConnell lies about FinReg

The New York Times yesterday published an article that illustrates as obviously as is possible the phenomenon of “stenography journalism,” to the extent that it almost borders on parody.  You know the Bush-era joke about Bush claiming the Sun rises … Continue reading

Posted in State of the Media, Wall Street | Tagged , , , , , , , , , , , | 5 Comments

Four things you need to know about FinReg to keep up in conversation

Let’s be honest: nobody I know who follows politics is super excited to learn about financial reform.  Following the health care debate was tedious at times, but the bills weren’t super hard to understand and the progressive goal — a … Continue reading

Posted in Politics, Wall Street | Tagged , , , , , , , , | 7 Comments

Look upon this economics lecture and despair

I know this is going to be kind of a tough sell, but hear me out.  In the video below, which I just watched on Brad DeLong’s blog, economist Simon Johnson explains how the financial industry concentrated their power during the … Continue reading

Posted in Crime, Wall Street | Tagged , , , , , , , | Leave a comment

Supreme Court ruling treats corporations as citizens, citizens as serfs

GAH!  My god, what an awful, awful week.  Washington is spewing bad news faster than I can keep up with it.  Every time I open the paper (Google Reader) I say to myself: Well, THIS is as bad as it … Continue reading

Posted in Politics, Wall Street | Tagged , , , , , , , , , | 1 Comment

Three things that will depress you about the economy

Once again today has been pretty busy, but there are three economic stories today that I think are worth looking at.  I don’t have much time to draw and write up conclusions, but taken as a whole I think they paint an … Continue reading

Posted in Politics, Wall Street | Tagged , , , , , , , | 1 Comment