Wednesday, October 17, 2012

news from 08-11may12

George Will lies for who?

Republican presumptive nominee Mitt Romney thinks he should get credit for auto industry bailout. Humor really is the way to combat this nonsense. 7 minutes


Krugman shows how easy it could be to get us out of this depression

last week's Friday op-ed in Washington Post shows where right sits, right before French and Greek elections ...

nice planet money podcast last weekend: another take on what a 'leaderless' world economy may look like, 15 minutes

Greece, after elections, can't agree on a coalition for government, and has a stark choice to stay in euro with crushing austerity or get out and have no future

new bill in KS state legislature will force doctors to lie to their patients, claiming abortions cause cancer while denying science. 

Intense protests outside/inside Bank of America, Charlotte, NC : shareholders have demanded BoA disclose foreclosure methods. Here's some of what happened.


the business wonks are all tut-tutting and shaking their heads over this shareholder meeting with Dimon and JP Morgan on Thursday 10may. The idea is that they are supposed to be the really good ones at risk management and if they lost $2 billion a quarter over this then what will be the losses in the rest of the market? It's one of those loopholes in the Volcker rule that people warned about before it went into Dodd-Frank, so it's not like they couldn't see it coming. Isn't this proof that well, they just won't see what they don't want to? Until it's too late. 
Wait. Regulation could fix that... but, right.
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