Category Archives: Government

Where Do You Fall on the Income Curve? – NYTimes.com

Where Do You Fall on the Income Curve? – NYTimes.com.

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Negative Real Yields | Leeds on Finance

Negative Real Yields | Leeds on Finance.

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High-Earning Households Pay Growing Share of Taxes – WSJ.com

High-Earning Households Pay Growing Share of Taxes – WSJ.com. As President Barack Obama pushes to raise income taxes on high earners, opponents are seizing on data that indicates these U.S. households already pay a large and growing share of taxes, … Continue reading

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I-Banks Adjusting to Dodd-Frank Law Without Profit Hit

WSJ 8/9: Street Ready to Slim Down From Bank of America Corp. to Goldman Sachs Group Inc. to Morgan Stanley, executives are deciding the fate of their proprietary trading and private-equity activities. The Dodd-Frank law restricts financial institutions from trading exclusively for their own accounts, … Continue reading

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Quick Summary of Dodd-Frank Bill

WSJ: Interactive Graphic: What's in the Bill? WSJ: Gradng the Bill – Paulson, Gross, Roubini See the grades that financial luminaries give the bill.  Average:  C

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David Einhorn on Easy Money, Hard Truths – NYTimes.com

Highly recommended: Before this recession it appeared that absent action, the government’s long-term commitments would become a problem in a few decades. I believe the government response to the recession has created budgetary stress sufficient to bring about the crisis … Continue reading

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Toward Greater Complexity – the Govt/Business Partnership Gains Power

NYT: The Great Consolidation This trajectory should be familiar to Americans. The panic of 2008 happened, in part, because the public interest had become too intertwined with private interests for the latter to be allowed to fail. But everything we … Continue reading

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This Realistic, Unhappy View is from the Liberal Side

NYT: In Greek Debt Crisis, Some See Parallels to U.S. As a rough estimate, the government will need to find spending cuts and tax increases equal to 7 to 10 percent of G.D.P. The longer we wait, the bigger the … Continue reading

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Calculated Risk: 96.5% of Mortgages Backed by Government entities in Q1

From Nick Timiraos at the WSJ: U.S. Role in Mortgage Market Grows Even LargerGovernment-related entities backed 96.5% of all home loans during the first quarter, up from 90% in 2009, according to Inside Mortgage Finance. The following graph from San … Continue reading

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Soros, Bogle, Reid – Wall Street’s Elders Favor More Regulation

NYT: Elders of Wall St. Favor More Regulation While the younger generation, very visibly led by Lloyd C. Blankfein, chief executive of Goldman Sachs, lobbies Congress against such regulation, their spiritual elders support the reform proposed by Paul A. Volcker and, surprisingly, even more … Continue reading

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