Economics
I’m having a hard time thinking of a more tone deaf corporate decision than this one from AIG, American International Group Inc. spent $440,000 on a conference at a California resort less than a week after an $85-billion government takeover, lawmakers said. Before that even sunk in, exhausted and broke taxpayers were greeted with this […]
Instead of congratulating each other, Congress ought to be hanging their heads in shame tonight. How many times have we been told in the past two weeks that this is “the most urgent financial crisis since The Great Depression”? What did it take for Congress to do the right thing and allegedly save the US […]
They grow up so fast don’t they? We didn’t get to where we are today overnight. The crisis we face is the result of a million bad decisions. Let’s start with us, the public. Many of us thought it was ok to stretch it on a mortgage, after all, prices only go in one direction, […]
Is this financial crisis a national emergency or not? You would never know it by the behavior of Nancy Pelosi today. Seems like just another peice of legislation to be used for typical Washington bickering. How can anyone defend this partisan hack BS during Pelosi’s speech on the floor today? Nancy Pelosi put partisan politics […]
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New York Post, Page Six “WALL Street’s financial crisis has trickled down to Manhattan’s mammary meccas. A source tells us jiggle joints all over the city are seeing a drop in business, with fewer customers, less bar traffic and a drop in lap dances. “The strippers at Penthouse Executive Club are all moaning and groaning,” […]
Dean Barnett from The Weekly Standard was back in to the studio last night. We talked about the Wall Street crisis. Isn't it amazing how they can spend $700 billion in 48 hours on a 3-page deal. Unreal. What is Pundit Review Radio? Pundit Review Radio is where the old media meets the new. Each […]
In the wake of the S.E.C.’s temporary ban on short selling of financial stocks I think it is important to remember that they play a critical role on Wall Street. Most of us want stocks to go up. They bet that they will go down. They play an important role as contrarians, questioners of conventional […]