Bob CollinsToday marked the biggest real estate bankruptcy filing ever in the United States.
MPR News Reflections and observations on the news
Tag: Economy
You don’t have to watch The Daily Show and its occasional snips of CNBC’s poor prognostication to marvel at the economists’ ability to confound us. You need only look at some of the headlines this week alone. Let’s take deflation and inflation, for example, and the occasional reports of what we should fear. We’ll start Read more →
Last month, in the now-famous Chicago Tea Party diatribe, CNBC’s Rick Santelli said the people who would be in line for some government help with their mortgages are “losers.” Yesterday,an anchor at the same network suggested Bernie Madoff should be “waterboarded” and pointed out that his victims “did nothing wrong.” Is there a parallel? Yes, Read more →
The Obama Industrial Average?