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Why We Have a Deficit
Deficit theater is coming to DC tomorrow, with a well-funded "fiscal summit." The plot summary is that we have Deficit Trouble - Right Here In River City! so to fix it we need …
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Capitalism Is Taboo in America
For the last half-century, capitalism has been a taboo subject in the United States. Among politicians, journalists, and academicsu2014and in public conversation generallyu2014the word has been avoided or else …
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Turnabout
Copyright Universal UClick.
Regression to the Mean, JPMorgan Edition
I haven’t been writing about the JPMorgan debacle because, well, everyone else is writing about it. One theme that has stuck out for me, however, has been everyone’s reflexive …
JPMorgan Chase Chairman Jamie Dimon, the Whale Man and Glass-Steagall
It was fitting that while President Obama and his Hollywood apostles broke fundraising records at a sumptuous $40,000 per plate dinner at George Clooneyu2019s place, word of JPM Chaseu2019s …
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Outside a Women’s Prison in New York for Mother’s Day
I had never noticed Bayview myself, having passed that stretch of Manhattan hundreds of times. On Saturday evening, however, to mark the eve of Mother's Day, I stood outside …
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Key Murdoch Aide Rebekah Brooks to Be Prosecuted in Hacking Case
Rebekah Brooks was told by prosecutors on Tuesday that she, her husband and four others will face charges of conspiring to pervert the course of justice.
The National Security State Wins (Again)
Now that Mitt Romney is the presumptive nominee of the Republican Party, the media is already handicapping the presidential election big time, and theneck-and-neck opinion polls are pouring in. But …
Elizabeth Warren: Yes She Can?
Right now, as Warren and Brown meet voters, they are telling their stories as political parables, loaded with ideas about opportunity versus just deserts, social investment versus making your …