Archive for the ‘politics’ tag
Geithner on Charlie Rose
An interesting video from Charlie Rose featuring Tim Geithner. Rolfe Winkler caught the best exchange:
Rose: “Looking back, what are the mistakes and what should you have done more of? Where were your instincts right, but you didn’t go far enough?”
…
Geithner: “…I would say there were three types of broad errors of policy and policy both [...]
A.I.G. Blowback
Blowback is a term coined by the CIA to describe the unintended consequences of military operations. Virtually every covert operation suffers from some degree of blowback - it is simply impossible to understand in advance the innumerable implications of certain courses of action.
Some of those at A.I.G. are now experiencing a situation best described as political blowback. The federal [...]
President-Elect and the Stock Market
A popular meme currently going around is that the markets are not too fond of the President-elect given their performance this week. See here,here, here and here for more background. The S&P500 is down 3.9% for the week - certainly not numbers I like to see in any given week.
UK Reuters jumps on the bandwagon:
Whatever the [...]
The Long Road Ahead
No matter your political persuasion, it is undoubtable last night was historic. John McCain gave, in my opinion, one of the best speeches of his life, again reminding people around the globe why he has been, and will continue to be, such a beloved patriot.
Barack Obama’s speech was immensely powerful, a testament to himself, his family, and his [...]
Vote Today. It Matters.
Perhaps it has become cliche to say that this is the most important election of our lifetimes. But we do face unprecedented challenges on multiple fronts. At similarly challenging times in our history we have risen together, in a collective and united voice, and brought about the change that was so desperately needed. Our decision [...]
The Blame Game Update
The blame game is well underway for the current financial crisis, and it will only get worse. Who is to blame? Well, that all depends on who you are, and what you have to gain from pushing the burden off to someone else.
A common culprit is ‘greed,’ though I find this implausible. If someone can point [...]
