Twenty best financial blogs 24/7 Wall St reports March 31, 2010: 3) The Angry Bear www.angrybearblog.com. Half a dozen professionals, including a tax law expert, a historian, PhDs in economics, business consultants and financial professionals provide perspectives on the financial world. Despite their expansive coverage of economic issues, their articles are as deep as their coverage is extensive.
by Linda Beale Maybe at this juncture, when Congress is beginning to talk about what to do about the sunsetting Bush tax provisions, it’s an appropriate time to remind ourselves about our historic commitment to progressivity in our tax system. A good source for thinking about this is an article by Tom Piketty and Emmanuel Saez, How Progressive is the U.S
by Rebecca Wilder Today I digress from my recent Eurozone obsessions to compare the U.S. Consumer Confidence report (released today) to the PMI production surveys, a “soft” comparison of supply and demand. According to the Conference Board today : The Conference Board Consumer Confidence Index, which had decreased in February, rebounded in March.
lifted from Bruce’s e-mail Hi Bruce, I really enjoyed your recent post to OpenLeft about the war on Social Security.
I was asked by Periódico Diagonal to answer a few questions related to the Eurozone, based on several articles that I wrote ( here , here , and here ).
by Linda Beale Banks, repos and transparency in accounting A repo transaction is essentially a collateralized financing. For tax purposes, everybody knows that it will be treated as a loan, no matter that it is called a “sale” with an agreement for a repurchase later.
reads Ezra Klein and Matt Yglesias (between the two of them they have more years than I do). Klein thinks the FDIC works well . Yglesias notes that it keeps eating banks every Friday and has doubts about the quality of its prudential regulation .
Robert Waldmann told Paul Krugman so About 21 months ago Paul Krugman had a question lower and middle-income Americans would be substantially better off under the Obama plan. But where is the money for health care reform?
by Rebecca Wilder This is a post about my confusion, rather than my reporting, of the Eurozone saga. Here are some pieces worth reading if you want to catch up: The NY Times (the basics) ; Ed Harrison (via Naked Capitalism); From the billy blog ; The Financial Times (Martin Wolf, a must read) ; The E conomist (will reference below). Okay, a conditional guarantee for possible lending, maybe, with consultation from the IMF has been agreed upon by the Eurozone countries (Germany and France, really).
by Bruce Webb Well some things are coming clear about the Presidents Deficit Commission. One its Chairmen have made it clear that its business starts and stops with Entitlements, the concerns some Republicans had that this would be Obama’s way of boosting taxes on the General Fund side or slashing military spending have been shown to be misplaced