• politics

    Does John McCain Have Any Idea What’s Going On?

    It was a bit disturbing to hear John McCain blaming the greed of Wall Street and the lack of federal oversight for the our financial meltdown. But McCain’s performance yesterday on the Today show was truly a travesty. He attempts to voice the free-marketeer line that AIG shouldn’t be bailed out but winds up sounding […]

    / Sep 18, 2008 at 9:02 AM
  • politics, Wall Street Journal

    Barack Obama, Sex, Drugs And A Perp Walky Photo

    The Wall Street Journal’s news pages are notoriously liberal not in sync with the right-wing stance of its editorial pages. But ever since Rupert Murdoch bought the Journal’s parent company, Dow Jones, many have wondered if that might change. The place of Barack Obama’s picture just above the best story ever salacious tale of sex […]

    / Sep 11, 2008 at 3:55 PM
  • politics

    Palin: A Oil-Sider Republican?

    We’ve been scolded by some of our readers for our coverage of Sarah Palin. This morning we turned to a “Washington insider” to find out about her economic outlook, largely because she didn’t seem to say much about economic policy in her speech and her short tenure as governor of Alaska didn’t give her much […]

    / Sep 4, 2008 at 1:42 PM
  • politics

    Could We Have A Market For Electoral College Votes?

    When asked who we are planning on supporting in the presidential election, our standard response is to avoid this query. It’s a trick question premised on a mass delusion according to which people believe that one politician is better than another. We’re pretty sure that the next president will be the worst in history, regardless […]

    / Sep 3, 2008 at 4:42 PM
  • politics

    Sarah Palin: Short Oil

    So it turns out that John McCain picked Tina Fey Alaska governor Sarah Palin as his running mate. “Sarah Palin” is probably the most searched for name on the internet right now. In the minutes after news of her selection spread, popular websites like the Drudge Report went down. The reason for this is relatively […]

    / Aug 29, 2008 at 12:33 PM
  • politics, polls

    Mortgage Checks Won’t Be The Only Thing Bouncing This Month

    Over the next few months, the media will be talking about presidential polls taken nationwide. Most of the polls you hear about are done nationwide and assume we Americans for our president the way the French vote for theirs (and may the Lord bless and keep Nicholas Sarkozy): that is, by popular vote. Some of […]

    / Aug 15, 2008 at 2:38 PM
  • politics

    John McCain’s Embarrassing Pandering In Colorado

    We’ve long since given up the assumption that some politicians are better than others. But every now and then a politician’s statements make us reconsider: perhaps this fellow is actually a little worse than the others. Yesterday John McCain went to Colorado in order to say awkward things in an awkward manner. After begrudgingly saying […]

    / Jul 8, 2008 at 1:07 PM
  • politics

    Meet John McCain’s Economic Brain: Phil Gramm

    Phil Gramm gave his first political interview in years to Stephen Moore in the Wall Street Journal’s weekend edition. The interview is clearly meant to reassure conservative voters about Republican presidential candidate John McCain. What separates McCain from Obama, Moore writes, is that although neither of them know much about economics, “McCain has the good […]

    / Jun 30, 2008 at 8:35 AM
  • politics

    Cox to Bernanke and Paulson: “How Come You Guys Don’t Call Anymore?”

    SEC chair Christopher Cox missed the 5am conference call when Ben Bernanke and Hank Paulson decided that the Fed would lend funds to rescue Bear Stearns from bankruptcy, the Wall Street Journal reports on today’s front page. The call’s time changed and no one bothered to tell Cox, who didn’t know until he came into […]

    / Jun 23, 2008 at 1:21 PM
  • politics

    Who Is Behind The Fannie Mae-Countrywide Story?

    The scandal of Countrywide’s sweetheart loans has already forced the resignation of a top Barack Obama campaign adviser, and is proving embarrassing to two powerful US Senators. But now some are wondering where the information about the tainted loans is coming from. Who is leaking the story?

    / Jun 17, 2008 at 10:23 AM
  • Barack Obama, Fannie Mae, politics

    Dirty Fannie Mae Man Tied To Countrywide Quits Obama’s Campaign

    Jim Johnson is out of there. The former chairman of Fannie Mae who received several preferential loans from Countrywide, has announced he’s leaving Barack Obama’s vice presidential search committee. This is in keeping with the Obama campaigns new tactic of knee-capping supporters whose scandals distract from the campaign’s messages of hope and change. The operating […]

    / Jun 11, 2008 at 3:01 PM
  • CEOs, politics

    Is The GOP The Anti-CEO Party?

    Is John McCain trying to make headway with the activist investor community? Activists have been among have been among the vocal critics of lavish executive pay packages at public companies, and most of the biggest names among the activists favor Democrats in this election. (Carl Icahn, who said Barack Obama would be a terrible president, […]

    / Jun 10, 2008 at 1:05 PM
  • politics

    All The Ex-President’s Men

    As it turns out, Bill Clinton likes to hang around with a bunch of questionable characters. His wealthy friends like to fill their private jets with young women, the big Vanity Fair story that everyone is talking about reveals. He pals around with the guy who knocked-up Elizabeth Hurley and sued Kirk Kerkorian for invasion […]

    / Jun 2, 2008 at 2:23 PM
  • Barack Obama, politics, recession

    Rupert Murdoch Says Obama Will Win, Icahn Will Lose, And US Economy Is In Trouble

    Last night at the “All Things D” conference sponsored by the Wall Street Journal, Rupert Murdoch told attendees that Democrat Barack Obama will win the presidential election by capturing the key swing state Ohio and that activist shareholder Carl Icahn will lose his proxy fight to take over Yahoo. He also said the US economy […]

    / May 29, 2008 at 1:15 PM
  • CEOs, politics

    Wall Street Chiefs Divided On Election

    Wall Street’s chiefs are divided on the presidential election, according to DealScape. The Federal Election Commission’s records show that Hillary Clinton received campaign donations from JP Morgan Chase chief Jamie Dimon, Morgan Stanley chief John Mack and Goldman Sachs chief Lloyd Blankfein. John McCain received support from Merrill Lynch’s John Thain. Dick Fuld of Lehman […]

    / May 29, 2008 at 8:55 AM
  • politics

    Carl Icahn: Obama Would Be A Terrible President

    Self-styled shareholder superman Carl Icahn says Barack Obama would be a “terrible” president, Bloomberg reports. His election, backed by a filibuster proof majority in the Senate, would lead to runaway legislation, higher interest rates and accelerating inflation, Icahn told a conference of investors last night. “I don’t normally get involved in politics, but this time […]

    / May 22, 2008 at 12:28 PM
  • Environment, politics

    John McCain Freaks Out Over Global Warming
    Republican Presidential Candidate Endorses Cap-and-Trade Carbon Rationing

    With a slowing economy, escalating food prices and energy prices climbing ever higher, you might think that Republican presidential candidate John McCain would be hesitant to endorse a European Union-style carbon emission trading scheme that seems likely to result in less economic growth, higher energy prices and higher food prices from increased biofuel demand. But […]

    / May 12, 2008 at 4:45 PM
  • politics

    Hillary Clinton: The Anti-Wall Street Candidate?

    Hillary Clinton has been upping the ante with her populist rhetoric, bashing “greed” and swatting away economic critiques of her tax plans by saying “I’m not going to throw my lot in with economists.” As is often the case, that kind of anti-intellectual politics is accompanied by Wall Street bashing. Julie Satow, who covers Wall […]

    / May 6, 2008 at 8:03 AM

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