Just posted to my Radio archives: April 15, 2010 Robert Scott of the Economic Policy Institute on how China’s currency manipulation kills American jobs • Matt Taibbi on how Wall Street ripped off Jefferson County, Alabama, and the U.S. government Links to relevant bios and articles at archive site.
Financial Times – April 16, 2010 Republicans are in the White House From Mr Doug Henwood. Sir, Clive Crook’s call (April 12) for a revival of an old-style GOP opposition is a little strange, since Barack Obama himself is a liberal Republican. Or maybe not so liberal a Republican. Consider the healthcare bill. The individual mandate has its origins in the Nixon administration’s response to Teddy Kennedy’s single-payer bill in the early 1970s. The insurance marketplace has its roots in the American Enterprise Institute’s response to Bill Clinton’s healthcare scheme. Speaking of… Read More
Recession fatigue (cont.) I said last week that the preliminary reports on March shopping showed Americans rediscovering their lust to buy, following almost two years of born-again prudence. Those early returns, which were based on sales numbers coming from the major chain stores, have now been confirmed by the official word from the Census Bureau, compiler of the monthly retail sales figures. The Census stats are based on a much broader survey of the retail universe, which includes not only big national names like Target and Wet Seal, but also local chains,… Read More