Fed lowers debt estimates by huge sums, Mr. Nutting writes, as if on cue. http://www.zerohedge.com/news/consumer-credit-misses-fed-magically-creates-15-trillion-net-worth-out-thin-air
Day: June 8, 2012
U.S. debt load falling at fastest pace since 1950s – Yahoo! Finance
Mr. Nutting at it again. No mention of Fed estimate revisions creating net worth out of whole cloth. http://finance.yahoo.com/news/u-debt-load-falling-fastest-040045522.html
Former MF Global CFO under scrutiny over conflicting statements | Reuters
But a report from the bankruptcy trustee filed this week paints a different picture of an executive closely involved as the firm’s liquidity was stretched
Obama’s Third-Party History – Stanley Kurtz – National Review Online
Folks might say, “This is water under the bridge.” But, it matters; the policies are reflective – and they suck – of the truth despite
Estonia and Austerity: Another Exploding Cigar for Paul Krugman « International Liberty
But Estonia reacted to the overspending and the downturn in a very responsible fashion. Instead of using the weak economy as an excuse to further
Estonia and Austerity: Another Exploding Cigar for Paul Krugman « International Liberty
Returning now to my complaint about cherry picking data, Krugman makes Estonia seem stagnant by looking only at data starting in 2007. But as you