OK, correlation does not equal causation; but this is modestly humorous.  Over the last century, any time you had a multi-term GOP president (in other words, long enough to do real damage) you had a pretty substantial collapse in the banking industry (i.e., near fundamental economic collapse). &… Read full post »

The press does a poor job of providing context.  This observation is neither unique nor insighful. But, assuming this is the case; we decided to do a quick comparison between actions taken so far by the Obama administration that have caused so much outrage among teabaggers and those of other mod… Read full post »

Moments ago, Ron Paul indicated on CNN that Obama was putting the country on a road toward fascism. Paul is a popular sitting congressman. Coinciding with Tea Parties, a report by the Department of Homeland Security about threats from the radical right, and resolutions in the Texas leg… Read full post »

In a heated discussion with Steve Liesman yesterday morning on CNBC, Rick Santelli revealed that he was "very proud" of the Tea Party Movement that he helped to spawn. In the classic debate, Liesman took the perspective of avoiding systemic risk while Santelli was the continued advocat/… Read full post »

Bill Hemmer isn't aging backwards.  Apparently, he's just aging and suffering from a common ailment of getting long in the tooth - memory loss.  

Michelle Caruso-Cabrera is working hard to reaffirm CNBC's no-nothing bluster bona fides.  Within the last hour (11am PST) , Michelle (high seas piracy expert that she is) dressed down a shipping industry representative for paying off Somali pirates in exchange for their crews.  

&nb… Read full post »

Even during an economic crisis the press will devolve into covering an event that includes the leaders of the 20 most powerful economies of the world in the most trivial of ways.  Based on the coverage, we're not really sure happened aside from Mrs. Obama feeling up the queen, bein… Read full post »

In Silicon Valley they say that you can start a business with an idea, an engineer, some beer, and an endless supply of pizza.   Seems like the CEO of Dominos has naturally subscribed to that approach.   The company's recent commercials poke fun at the recent string of bailouts th… Read full post »

David Sirota has asked why a double standard exists between coddled bank CEOs and those that head up the nation's auto makers.  I believe a clear explanation exists...and one not based on conspiracy theories.

First, the government can't pull confidence out of the financial sector abruptly or ris… Read full post »

Politico has naturally veered right in the past weeks to months since the election.  "Naturally" because the whole point of the site is to reinforce the on-going political "argument" in D.C.   Going after the existing power base helps to stoke the "argument," but too often, the… Read full post »

 Alexander Hamilton - America's First Financial Blogger

Alexander Hamilton had a lot on his plate as the first secretary of the treasury (so the president has told us), but he did find time to write the Federalist Papers that allowed us to peer into his views and how h… Read full post »

In a strangely incongurent imge, the Drudge Report ran this picture and corresponding tagline this morning:

The link led to this story which had the Yahoo! News headline of "Obama: AIG can't justify 'outrage' of exec bonuses."  However, from the picture, you'd think… Read full post »

Sarah Palin launched her political action committee (PAC).  You can check it out at sarahpac.com.  

 The  PAC seems primarily oriented around the issue of energy independence which has broad bipartisan support.  What doesn't generally have broad bipartisan support is t… Read full post »

Sorry to mislead the few good folks reading this post.  The War That Gets Too Little Attention isn't REALLY happening with Afghanistan or really in the end with Afghans.  It’s with everyone else.  Afghanistan has been the site of proxy wars in the past and it is once again. … Read full post »

The biggest narrative during Barack Obama's world tour was that he was getting too much press attention and that the liberal media was biased toward an Obama coronation. 

But being able to pull nearly 300,000 people for a speech by someone who isn't even president yet, IS news.   Howe… Read full post »

People from outside the United States may be shocked to learn that Hollywood is a "wedge issue" that divides the left and right in this country.  Historically, so the story goes, the entertainment business has been a strong supporter of liberal policies and positions.  The right has disdain… Read full post »

The main business of the US press is to insult the intelligence of the American public, and to that end their professionalism drives them aspire and achieve ever greater success each year.  Very few news events are completely episodic, especially when it comes to foreign policy and the actions o… Read full post »

The fresh church shootings in Knoxville, Tennessee is full of perplexing ironies.  All of the amp'ed up political rhetoric since the 1970s that has increasingly divided the country into liberal and conservative camps seems to have finally spilled over into a hate crime that is exclusively based… Read full post »