Congressional redistricting is a perilous political process even in the best of times, when no seats are going to be eliminated. There is so much at stake for different groups and the fortunes of the politicians themselves that it can … [Read more...]
The Subprime Mortgage Bubble: Echos of Dot-Coms Past?
I'm getting the creepy feeling of major financial scandal brewing. The familiar pieces of the story are: (1) lenders who abandoned generally accepted lending standards to write loans they probably shouldn't have written; (2) … [Read more...]