Tag Archives: New York Times

Unemployment Rises to 9.2%

From this morning’s New York Times: “The United States economy added a meager 18,000 jobs in June, up from a gain of a revised 25,000 jobs in May, the Department of Labor said on Friday. The unemployment rate rose to … Continue reading

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The “Secret Channel” at Lehman Brothers

Today’s New York Times has an account of a Lehman Brothers “alter ego” firm, Hudson Castle, part of the “vast financial system that operates in the shadows of Wall Street”: “It was like a hidden passage on Wall Street, a … Continue reading

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Financial Crisis Round-Up

The constraints of time, due in large part to my newly-arrived copy of 13 Bankers, doesn’t allow extensive commentary on any of these posts from around the financial blogosphere, but all are deserving of a closer look: Speaking of 13 … Continue reading

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An Earmark Ban That’s Not Really an Earmark Ban

Reading this headline in the New York Times—“Leaders in House Block Earmarks to Corporations”— might give the impression that some serious reform is underway on Capitol Hill, right? Wrong. As usual with our esteemed members of Congress,  it’s all about … Continue reading

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Washington Still Fiddling

Bob Herbert’s op-ed in yesterday’s New York Times echos what I’ve been thinking lately—it’s time for Congress and President Obama to get past health care reform and move on to jobs. Please. “The Obama administration and Democrats in general are … Continue reading

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"Deficit Peacocks"

In his op-ed in Thursday’s New York Times Paul Krugman refers to Michael Linden’s piece at the Center for American Progress which makes the distinction between what he calls “deficit hawks” and “deficit peacocks.” Linden describes the hawks as, “those … Continue reading

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If We Sink to the Level of the Terrorists, Haven’t They Won?

There are a couple of articles in the news this morning that are bringing cries of ‘See, we told you so’ from the defenders of the so-called “enhanced interrogation techniques.” One is from CNS News, which says that the waterboarding … Continue reading

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Paul Krugman: “What Do You Mean We”?

With all due respect to Timothy Geithner, Lawrence Summers, and the rest of President-elect Obama’s economic team, there is one name I would like to have seen included on that list–that of Nobel prize winning economist Paul Krugman. Here’s why. … Continue reading

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Fair And Balanced? Not So Much

Something that has gained little attention lately, as much of the media has been focused on all the “Plumber” hoopla, is that Barack Obama has been aggressively going after Fox News. He made reference to Fox’s bias in the debate … Continue reading

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I Told You So, Republicans

I hate to say I told you so, Republicans (not really) but I told you so. Your attacks on Barack Obama’s associations aren’t working. In fact, the opposite is true. McCain and Palin’s unfavorable ratings are rising and Obama’s favorables … Continue reading

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