kunstler.com - 10/26/2009
—
The scene in the White House these days must be a sort of Opera Bouffe, in which an earnest and rather grave young man moves from one roomful of lesser officials to another in which all agree to pretend that they have prevented the nation from falling into something they call ...
Comments
Blog Reactions
Happy Motoring
EconoSpeak —
All I can say is thank God for James Howard Kunstler. Like a lot of other observer-interlocutors, I'd like to know what folks imagine we are recovering to. To a renewed orgy of credit-card spending? To yet another round of suburban expansion, with the boys in the yellow hard-hats driving stakes out in the sagebrush for another new thousand-unit pop-up "community?" For a next generation of super-cars built to look like medieval war wagons? That's the "hope" that our officials seem to pretend to offer. It's completely inconsistent with any reality-based ...
Tuesday morning links
The Mess That Greenspan Made —
... ARM Loans Still Implode? - I Am Facing Foreclosure Rethinking Salary Constructs, Federal Pay Continues To Skyrocket - Daily Bail Consumer Protection Bill Opponents Got Big Money from Wall St. - Open Secrets Protesters in Chicago March on Offices of Goldman, Wells Fargo - WSJ Why a Gold Bug Isn't Buying Gold Now - Seeking Alpha Internet bubble 2.0? Not so fast - CNN/Money Let A Hundred Theories Bloom - Stiglitz, IBT Self-jiving Nation - Kunstler, CFN ...
Related Content
Experts see rebounding economy shedding jobs
sfgate.com 10/25/2009 — Third-quarter estimates this week are expected to show that the economy grew for the first time since the quarter ending in June 2008. Despite the estimated 3 percent expansion and a stock market that has been on a tear since March, hundreds of ...
Because It's Important To Know What Your Enemies Are Thinking
dailybail.com 10/26/2009 —
There is a particular cacophonous distaste when Christina Romer's voice waddles through my speakers. The Chair of the White House CEA "cringes at the thought" of ending the stimulus early, and swears that the White House is "not cool with trillion-dollar deficits," though she offers ...
As Deficit Increases, Democrats Plan More Spending
online.wsj.com 10/26/2009 — The White House disclosed the other day that the fiscal 2009 budget deficit clocked in at $1.4 trillion, amid the usual promises to do something about it. Yet even as budget director Peter Orszag was speaking, House Democrats were moving on a dozen ...
GMAC Joins the Black Hole Club
nakedcapitalism.com 10/28/2009 — The numbers aren’t as impressive as AIG’s but the general premise is the same. The automaker’s financial service arm it asking for a third taxpayer-provided cash transfusion. Might help if someone stanched the bleeding first.
But ...
Follow WallStreetBlips on Twitter
Reactions
