CRT Research: Negative Interest Rates Are Just Fine
We’ve highlighted before why recent negative treasury bill yields aren’t sustainable, aren’t reason to panic, and are just due to end of the year window dressing by financial companies.
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This Is What Too Big To Fail Looks Like
Check out this heatmap of the infamous credit default swap (CDS) market, courtesy of Zero Hedge. Obviously November 19th (the date of this heatmap) was a pretty bad day given all the red, which…
Now The FHA Is Subsidizing Hedge Funds That Flip Mortgages For Easy Profits
Here’s the latest in the FHA’s ongoing parade of horrors.
(In case you missed it, the agency tasked with keeping the housing bubble alive has been undewriting subrpime-quality loans, and…
Senator: Let's Tax The Rich To Pay For The Afghanistan Quagmire
Dear rich people: Here’s another burden you’ll be expected to shoulder.
Bloomberg: Higher-income Americans should be taxed to pay for more troops sent to Afghanistan and NATO should…
Download The Entire Leaked Climate Emails
It’s now been confirmed that the allegedly leaked emails of top climate scientists are, in which they express some reservations about the info they present to the public, are, in fact, real.
If…
The Output Gap Model: Fatally Flawed
Could it be that the fundamental economic indicator that is gospel not only to Goldman Sachs, but to Ben Bernanke in estimating and determining monetary policy, the output gap, provides a…
DEMS GET 60 VOTES ON HEALTHCARE
The Democrats just passed a HUGE hurdle in their effort to reform the nation’s healthcare system.
Arkansas Senator Blance Lambert Lincoln confirmed she would vote to bring the measure to…
Lawsuit Over NFL Seat Licenses Kept Alive, But Barely
A legal right to season tickets?
A federal judge is allowing a lawsuit brought by a longtime Jets and Giants season-ticket holder protesting the legality of requiring licenses to go to…
Russia And Ukraine Avert A Natural Gas Crisis
Despite fears of a deep, and cold winter — one made worse by a ravaging flu in the Ukraine — it appears Russia’s neighbor will be getting natural gas this year, despite its financial problems.
Watch The Country Get Fired: Unemployment By County 2007-2009
An amazing time-lapse graphic by Latoya Egwuekwe showing the 2007-2009 plunge to 10% unemployment.
Nothing much happens in the early months. But then late 2008 comes around and everything really…
