From cnbc.com: The Jobs Puzzle Bernanke Can't Solve It's a mystery that has puzzled even U.S. Federal Reserve Chairman Ben Bernanke: if the U.S. economy is growing rapidly, why isn't it creating jobs? And so, let us hear from the wisest … [Read more...]
No Bail-Out For The Hedge Funds!
A while back there was a discussion here about legislation that would bail out homeowners who found they couldn't afford the exotic mortgage loans they had taken after the initial teaser rate increased. I argued that the state should … [Read more...]