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Category Archives: Economics
Maybe The Bailout Worked?
I want to grind my teeth every time I think about the U.S. government bailing out banks, but this Washington Post article says the thing has worked: Sure, you can question how the money was used — many of us … Continue reading
Posted in Economics
Tagged credit default swaps, fannie mae, fannie mae and freddie mac, financial meltdown, lehman brothers, orderly wind
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The Trillion Dollar Meltdown
Remember the Spring of 2007? Everything was great with the economy. Consumer spending was strong. The credit markets looked strong. Sure, the real estate bubble had burst. I am reading this 2008 book by Charles Morris, "The Trillion Dollar Meltdown: … Continue reading
Posted in Economics
Tagged ben bernanke, citigroup cfo, collateralized debt obligations, collateralized loan obligations, global gdp, hank paulson
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Why Aren’t Newspapers Doing Adsense Right?
The Los Angeles Times, for instance, could multiply their Adsense earnings by five or ten times if they simply did it the same way I do, blending the ads with the content (not setting them off in different colors, shadings, … Continue reading
Posted in Economics
Tagged different colors, Jewish Journal, news organization, professional news, shadings
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A Mechanic’s Perspective On Gas Prices
I see my mechanic a lot because my car is always breaking down. I spoke to him this week about the effect of gas prices. He lives in Sherman Oaks and works in zip code 90035. He said that a … Continue reading
Posted in Economics
Tagged gas prices, mechanic, perspective, sherman oaks, zip code
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I Appraise The President’s Speech
I thought it was solid. He had a tough sell. Is it anti-semitic to oppose the bailout?