Another $2 billion in money for nothing
The Cash for Clunkers absurdity has been hailed as a huge success — because the government got it precisely correct and showed that when it comes to its area …
Another $2 billion in money for nothing Read MoreMonth: August 2009
The new credit card regulations are precisely what the US needs
The Credit card Accountability Responsibility and Disclosure (CARD) Act aims to do two things: 1. Help out consumers to make sure they don’t get ripped off by banks and ensure …
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Too Many Indians
The Swine Flu. Dozens of people have died from it already. This has struck like lightening! I’m serious: around 1,500 people die every year from lightening strikes! The swine flu could eclipse lightening strikes as one of the most unusual ways to die.
Too Many Indians Read More
UK regulator bows to union pressure on bonus bullshit
The UK’S Financial Services Authority (FSA) has decided to micromanage banks by specifying new rules for bonuses. Specifically, the FSA has decided that banks that pay their star traders bonuses …
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