He misses two important threads. Had John McCain won last November, very few of the New Deal denialists would be out in public--instead, the Republican legislators and their tame intellectuals would be enthusiastially rallying behind McCain's tax cut-based Keynesian fiscal stimulus package right now...

This is part one of a three part post title “ Clowns to the left of me ,  Jokers to the right ,  stuck in the middle with you  (America)”. False choices. That is what has allowed the hyper-partisans (driven by the greedy media which will not spend one nano-second of air time or one pa...

In an era where everything is the worst somethingorantother since the Great Depression or some other time, I suppose retro comparisons are just in style.   I’ve seen several references of late to the Republicans being stuck in 1997 or 1993 or whathaveyou.  Hell, I’ve made them myself....

Rapidly changing technology brings new products into the home at a pace never seen before. Rising home prices lure renters into buying and tempt homeowners into moving up. A sea of new lending instruments fuels both a boom in consumer purchases and an explosion of investment derivatives. If that sou...

Yep, you read that right. Denver's Rocky Mountain News is finished, its last edition to be published today. If you haven't been following current events, anyone working for a newspaper these days is more likely to get laid off than dudes in the building trades and the automotive industry. Ask folks ...

Let’s listen to WTOP for a minute, always fun for a laugh, uhm: “With nobody shopping and more stores vacant, three area shopping centers will scale back their hours starting next week.” Jesus! Isn’t that a nice punch in the mouth, for lunch? Westfield Montgomery Shopping Cen...

Gordon Brown’s new back-to-the-future idea is to introduce “old fashioned banking” again to the High Street. After all, banks lend out other people’s money, so should be careful where they put it. He will “ban” 100 percent mortgages, make borrowers save up their d...

As a person without any debts, and four bank accounts coloured black, I awoke yesterday morning to find the country’s National Debt at £2 trillion ($3tr) and more. That represents more than £60,000 ($86,000) and rising per household. It dwarfs Britain’s annual national income of £1.4 ...

Oh boy the stimulation is signed, in Denver — no birth certificate necessary there! — and here’s your Barack Obama all pissed off at Washington because, duh, Washington is (for the moment) in large part defined by a handful of advertising filler known as “pundits” and &...

In the Wall Street Journal Professor Amar Bhide writes, Our ignorance of what causes economic ailments — and how to treat them — is profound. Downturns and financial crises are not regular occurrences, and because economies are always evolving, they tend to be idiosyncratic, singular eve...