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thinkahol *

How anti-war dissent makes America stronger. - By David Greenberg - Slate Magazine - 0 views

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    How anti-war protest movements have made the U.S. stronger.
thinkahol *

Debunking the claim that higher income-tax rates reduce GDP. - By Eliot Spitzer - Slate... - 0 views

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    Debunking the claim that higher income-tax rates reduce GDP.
thinkahol *

Khalid Sheikh Mohammed military trial: Obama's cowardly, stupid, and wrong decision to ... - 0 views

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    Today, by ordering a military trial at Guantanamo for 9/11 plotter Khalid Sheikh Mohammed and his co-defendants, Attorney General Eric Holder finally put the Obama administration's stamp on the proposition that some criminals are "too dangerous to have fair trials."
thinkahol *

The Hangover Theory - By Paul Krugman - Slate Magazine - 0 views

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    A few weeks ago, a journalist devoted a substantial part of a profile of yours truly to my failure to pay due attention to the "Austrian theory" of the business cycle-a theory that I regard as being about as worthy of serious study as the phlogiston theory
thinkahol *

Glenn Beck's rally was large, vague, moist, and undirected-the Waterworld of white self... - 0 views

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    Glenn Beck's rally was large, vague, moist, and undirected-the Waterworld of white self-pity.
David Corking

Bizbox by Slate - Credit Unions Face Major Setback By Marc Tracy - March 23, 2009 - 0 views

  • While the term "hedge fund" now is applied to firms that don't actually go short or otherwise hedge their investments, I still feel it is a disservice to imply that that is the nature of corporate credit unions. They are allowed to invest only in AAA and AA rated securities.
    • David Corking
       
      1st important correction
  • your statement makes it sound as if they have been bailed out with government dollars, which is not true. The NCUA and CU system is taking care of this problem with their own funds,
    • David Corking
       
      2nd important correction
  • As for the effect on CUs, large and small: Some CUs that are under-capitalized will also be placed into conservatorship by the NCUA. The most likely outcome of that action is for the CU to be merged into a larger one. And across the board, because of the fees that all CUs are being required to pay, CUs will have to do everything they can to save money.
    • David Corking
       
      Probably the consensus forecast.
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    Useful high profile article about business lending - but 3 important points in the comments.
Yee Sian Ng

Germany is tired of paying Europe's bills. - By Anne Applebaum - Slate Magazine - 0 views

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    "After all, Germany is now run by a generation with no personal memories of the war. Germany's historical debate is now focused on the fate of Germans who suffered from wartime bombing and postwar deportation, not with the fate of Germany's victims-in Greece or anywhere else. Sooner or later, the Germans will collectively decide that enough sacrifices have been made and that the debt to Europe has been paid. Thanks to the ungrateful Greeks with their island villas and large pensions, that day may arrive more quickly that we thought it would."
thinkahol *

Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics - 0 views

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    Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file - "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
thinkahol *

Progressives Vow to Challenge Obama in Democratic Primaries | Common Dreams - 0 views

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    Progressive leaders led by Ralph Nader and Cornel West unveiled a proposal today to challenge President Obama in the Democratic Party's presidential primaries in 2012. The proposal, which has been endorsed by over 45 distinguished leaders, seeks to have a slate of six candidates run against President Obama, each representing a field in which Obama has never clearly staked a progressive claim or where he has drifted toward the corporatist right. "Without debates by challengers inside the Democratic Party's presidential primaries, the liberal/majoritarian agenda will be muted and ignored," said Ralph Nader.
William Green

The most important news and commentary to read right now. - The Slatest - Slate Magazine - 0 views

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    Andrew Sullivan supported George W. Bush for president in 2000 and praised his initial reactions to the attacks of Sept. 11, 2001. In the years since, Sullivan's become disgusted by the moral morass of American torture and Bush's stalwart defense of it. But Bush, Sullivan writes in a cover-story epistle to the former president in the Atlantic, is the only person who can amend torture's stain on the country. So Sullivan appeals to the conservative and Christian roots he shares with Bush and calls for the former president to "reject categorically the phony legalisms, criminal destruction of crucial evidence, and retrospective rationalizations used to pretend that none of this happened. It happened." Bush must, Sullivan writes, say a public mea culpa to the American people, as Ronald Reagan did in response to the Iran-Contra scandal. If not, Sullivan warns that a future president might "resort to the same brutalizing policy, with the same polarizing, demoralizing, war-crippling results. I am writing you now because it is within your power-and only within your power-to prevent that from happening."
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