Speaking of audacity . . .
Speaking of that fine subject, this proposal is not exactly audacious ( HT Kathy G), just a illustration of how Obama might go on the front...
‘In what respect, Charlie?’
Nicholas disapproved of Charlie Gibson's 'trick question' to Sarah Palin about the Bush Doctrine. He was especially struck that the question 'was asked by an...
Freedom of Information
Today's column from the Fin. The High Court once declared that governments had only limited powers to withhold information from voters. But a recent judgement...
Can the independent non-bank financial intermediaries survive in USA?
They look like banks (as they borrow short, are highly leveraged and lend and invest long and in illiquid ways) and thus are highly vulnerable...