“To The Point” Rebroadcast

“I didn’t get a chance to listen to your “To The Point” broadcast live. Anyway you can grab the audio porion of that for replay?”

As you wish . . .

Our portion of our show starts at about 7:20 into the broadcast.

Also appearing: Thomas Donlan of Barron’s, and Berkeley Professor Jakob Hacker (author of The Great Risk Shift), and MIT Economics History professor Peter Temin

Category: Media

End of Illusions for GSEs

Category: Bailouts, Credit, Real Estate, Taxes and Policy

American Debt

Category: Credit, Financial Press, Web/Tech

Category: Bailouts, Credit, Federal Reserve, Psychology

Z$100B Note

This is what focusing on Core inflation gets you! Zimbabwe’s $100bn note: “Some Zimbabweans are already calling for higher denominations in a country where the official annual inflation rate has exceeded 2,200,000%. Independent economists believe the real rate is many times higher. Zimbabwe’s meltdown has left at least 80% of the population in poverty, facing…Read More

Category: Inflation

Economic Witch Hunt

Interesting discussion:


"The political establishment is embracing a time-honored response to the nation’s economic turmoil. It’s going on a witch hunt.Politicians of all stripes worry that improper trading by short sellers has contributed to turmoil in the stock markets. And "excessive" oil traders have replaced oil-company executives — themselves twice keelhauled by congressional committees this year — as the bogeymen behind the run-up in gas prices.  For Washington veterans, the sharpened attacks are the incarnation of a standard political trope, one found especially in election years"



Source:
Economic Woes Get a Fix: Witch Hunt
GREG HITT
WSJ, July 19, 2008; Page A3
http://online.wsj.com/article/SB121642556479566791.html

Category: Markets, Taxes and Policy, Video

New York Times Fawns Over Erin Burnett

Category: Financial Press

Rescue Plan!

Category: Bailouts

Its Unanimous: Banks Have Bottomed!

Category: Contrary Indicators, Credit, Dividends, Financial Press, Valuation

Moral Hazard & Risky Precedents

Excellent discussion from PBS News Hour, on Moral Hazard:
click for video
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Pbs_moral_hazard

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Sources:
Bailout of Mortgage Firms Could Set Risky Precedent  (Transcript)
July 18, 2008   
http://www.pbs.org/newshour/bb/business/july-dec08/bailouthazard_07-18.html

Audio Recording
http://www-tc.pbs.org/newshour/rss/media/2008/07/18/20080718_risky28.mp3

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Category: Bailouts, Credit, Video