Monday, September 29, 2008
Government solutions disintegrate
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In a dramatic turn of events, the wheels came off the government "bailout" plan today when the House of Representatives defeated t...
Monday, September 22, 2008
An important distinction
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Last week was a week of enormous consequence in the financial world. The events were so dramatic that they will be analyzed, discussed and d...
Friday, September 19, 2008
This week is not an indictment of free markets
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Around the world, proponents of greater government control of economic activity are arguing that the emergency measures taken by the Treasur...
Thursday, September 18, 2008
Don't jump off the ship in the middle of a hurricane
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Here are two revealing diagrams, one which we posted back in January showing the three successive market lows during the bear market of 200...
Wednesday, September 17, 2008
The Fed shows some backbone
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Yesterday, the Federal Open Market Committee voted unanimously to hold their target funds rate unchanged at 2.00%. Wall Street was urgently...
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