The Administration's much ballyhooed 'financial overhaul plan' is remarkably timid. And internally self-contradictory. As noted, for all the posturing, Geithner ran from SEC reform, executive compensation and insurance … [Continue reading]
Was Montesquieu Right? Did The Founders Fail?

It's an old manipulative first year con law question, much like when Donald Sutherland in Animal House thinks he's being risque asking if Milton's "Paradise Lost" asserted being evil is more fun while Sutherland munches an apple. We dwell on it here … [Continue reading]
Obama As One Who Comes Before, Just The Herald, The Mere Emissary Of A Revolutionary Moment?
'A week's a lifetime in . . . ' and all that. But since January 2009 Obama's rhetorical excess, stolid, workmanlike management and an objective external environment fracturing in fractal splendor presage a pre-revolutionary moment. How fitting that … [Continue reading]
Whistling In The Dark

It's rarely the first pebble that people remember. Chinese concerns about the integrity - safety -of their U.S. holdings and their chief addict's health (“unsustainable model of development characterized by prolonged low savings and high … [Continue reading]
State of Play This Round

We thought to do one of those halftime recap shows. You know, sponsored by a former Dow Jones Industrial stalwart now selling around a buck ten. The circus atmosphere seems thicker than ever. Cramer vs. Stewart: We give the first 3 rounds … [Continue reading]
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