Joe Nocera in the NYTimes reports that the “Bank of America’s Foreclosure Mess Won’t Disappear Quickly“: … The bank’s central position is that, since it is so doggone obvious that the homeowners can’t pay their mortgages, the fact that the affidavits might not have complied with the law shouldn’t cause anyone to break into a …
C.R.E.A.M.
I’m not ashamed to come and plead to you baby
We’re getting very close….let’s see if we can make our 75K goal over the next couple days.
I’m not ashamed to come and plead to you babyPost + Comments (17)
Bow down before the one you serve
I get confused sometimes about whether these guys are our hardworking Galtian overlord geniuses or the regular folks from my local Chamber: Prudential Financial sent in a $2 million donation last year as the U.S. Chamber of Commerce kicked off a national advertising campaign to weaken the historic rewrite of the nation’s financial regulations. Dow …
Juan in Doubt, Double Down
I’d like to see Erik’s response to this: Yesterday NPR fired me for telling the truth. The truth is that I worry when I am getting on an airplane and see people dressed in garb that identifies them first and foremost as Muslims. This is not a bigoted statement. It is a statement of my …
Are People Wrong to be Pissed About TARP?
The news that TARP earned a 8.25% rate of return is good, and a lot of the emotion over TARP is irrational, but I don’t think it’s entirely wrong to still be upset about TARP. If a private investor were taking on the kind of risk, they’d want a rate of return far in excess …
Are People Wrong to be Pissed About TARP?Post + Comments (78)
Open Thread: “Recession? What Recession?”
Another not-so-respectful note, from Tim Heffernan at Esquire, to our Galtian masters of the financial universe: Just a brief observation: as I write, the Dow is up one hundred fifty-plus points on the day, to something over 11,100. It is up more than 4,500 points since its recessional low point — 6626.94 on March 9, …
Open Thread: “Recession? What Recession?”Post + Comments (57)
Please Just Make Sullivan Stop Writing About This
And yet another round about the “successful” from Sully: Doug J – with his snarl at the rich – proves my point. As a moral matter, I see no reason why people who work hard shouldn’t keep as much of their earnings as possible, and the only reason to tax them is to provide a …
Please Just Make Sullivan Stop Writing About ThisPost + Comments (211)