Posts Tagged “economy”

And now, a brief interlude from all the Sherlockiana for a bit of politics and economics. After hearing a radio interview today about a fascinating new book, I’ve done a bit of digging and realized I may have come a bit late to the game, for—at least in England—this book has been gathering serious attention Continue reading →

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Personal anecdote time here. Unemployment is much in the news these days. And as I’ve mentioned once or twice, I’ve been on the job market for a while now, looking for full-time work in the nonprofit sector. I try not to dwell on it. I did a little tallying-up today, though, and determined that since last Continue reading →

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I don’t necessarily buy the notion that public discontent with the recent AIG retention bonuses, or with Wall Street’s role in the economic meltdown overall, is a signpost of resurgent populist feeling. (It takes more than fleeting moods to swing public sentiment in lasting ways.) Nevertheless, a lot of people apparently do, across the political Continue reading →

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There’s been a lot of interesting political commentary going on this past week (just check out the industrious writers on my blogroll), but I admit that I haven’t felt inspired to chime in on it. Sometimes the weight of public affairs just seems overwhelming, and it helps to step back and focus on personal matters. Continue reading →

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Treasury Secretary Tim Geithner today announced a new plan that will allegedly help stabilize the financial markets, restore institutions’ balance sheets, and thus ease the credit crunch with all its attendant ripple effects. It’s an unwieldy construct with multiple parts, but ultimately a lot of it comes down to using taxpayer money to help purchase “toxic Continue reading →

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First things first:  after what we’ve suffered through in recent years, merely being able to say “Governor Pat Quinn” is almost as delightful as being able to say “President Barack Obama.” 😎  After a mere seven weeks in office, Illinois’ new governor has a budget proposal ready, and he gave a formal address in Springfield Continue reading →

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Just going from the press coverage, of course. I haven’t read the actual FY 2010 federal budget the administration presented to Congress. (Have you ever tried to read a federal budget? Even in outline form, they’re large. And arcane. The legislators themselves don’t usually bother. They have staff lobbyists for that sort of thing…) Anyway, Continue reading →

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Wall Street. A term that designates not only a physical place, but a symbol, a way of thinking. It’s the capital of investing (embodied in the stock market), the capital of high finance (embodied in the banking system), the capital of… capital. It’s the hub of the economy, domestically and internationally. And it’s the single Continue reading →

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In fact, I’d go so far as to say that Obama’s address tonight may well have been the first presidential speech I’ve ever seen that genuinely lived up to the full meaning of the word “presidential.” The first time in my life we’ve had real, effective leadership in Washington. So this is what it looks Continue reading →

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I’ve already alluded to the right wing’s attempts to spread misinformation about the New Deal and the Great Depression. The mass media echo chamber has been full of them lately, and I’ve linked to a couple of items that have been rowing against the tide. I have perhaps been too casual about assuming that everyone Continue reading →

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