Category: Financial Markets & Real Estate
Republicans temporarily block Dodd financial regulation bill
Apr 27th
In a vote that is both more and less significant than it's been portrayed in the media, Senate Republicans held together to deny Harry Reid and Chris Dodd the single Republican vote they need to begin full debate on Dodd's financial regulatory reform bil… more »
The timing of fraud charges against Goldman Sachs
Apr 17th
On Friday, the Securities and Exchange Commission filed fraud charges against Goldman Sachs, not-so-affectionately known by those of us who object to a private firm essentially running our nation's fiscal policy as Government Sachs. [Don't forget...it… more »
Alan Reynolds explains why soaking the rich is doomed to fail
Mar 31st
The Cato Institute's Alan Reynolds has written a must-read (and must-share) piece for the Wall Street Journal explaining why the Democrats' plans to fund their government takeover of health care on the backs of the "rich" is doomed to failure. It gets a… more »
Arnold Kling gets it wrong on breaking up big banks
Mar 30th
Economist and usually-free-market scholar Arnold Kling has written a piece for National Review, cross-posted at the Cato Institute web site, in which he calls for for a policy to "Break up the Banks". I disagree with several important aspects of Kling'… more »
The stock market initially misinterprets ObamaCare
Mar 23rd
More has been made than usual of one fairly dull day's activity in the stock market following yesterday's modest gains on the first trading day after what most Americans rightly perceive as an assault on our health care system. The Associated Press not… more »
The Chinese Yuan and senatorial economic idiocy
Mar 19th
I was going to write a note about how boneheaded the Senate's attack on China (pushing to have them labeled as a "currency manipulator") is, but Michael Schumah has done such a good job that I'll simply point you to his piece and add a couple more commen… more »
"Countrywide Chris" Dodd introduces financial "reform" bill
Mar 16th
In an apparent attempt to get one last piece of financial market destruction (as if his championing, along with Barnie Frank, of Fannie Mae and Freddie Mac hadn't done enough damage), Senator Chris Dodd proposed over 1300 pages of financial regulatory "r… more »
Pondering financial markets
Nov 20th
There has been a clear (if not perfect) correlation in recent months between the value of the dollar and the price of broad stock market indices, i.e. S&P 500. In particular, the market goes up when the dollar goes down. See the chart below of the… more »
Record high mortgage delinquency rate
Nov 19th
You can read the gory details of our current real estate situation in THIS article, and I recommend you do. One remarkable lowlight: For the first time in history, the number of home loans which are 90-or-more days delinquent or in foreclosure is now, a… more »
Boulder County not too broke to be fair on my property assessment
Sep 5th
I criticize the government of the Peoples Republic of Boulder, both at the county and city levels, with some frequency. Therefore, it's only fair that I give them credit when they do something right. Several months ago, I received a property reassessme… more »
