Politics and Wall Street

Mises Daily by Karl Hess | Posted on Friday, October 16, 2009 [Originally published in Playboy, March 1969, this article was made available for the web by David Schatz and François-René Rideau.] Karl Hess This is not a time of radical, revolutionary politics. Not yet. Unrest, riot, dissent, and chaos notwithstanding, t...

LUIGI ZINGALES The economic crisis of the past year, centered as it has been in the financial sector that lies at the heart of American capitalism, is bound to leave some lasting marks. Financial regulation, the role of large banks, and the relationships between the government and key players in the market will never be the same. Mo...

1. George Soros gives 35 million to the poor in New York in a widely publicized stunt. 2. His buddy, BH Obama rewards him with a 2 billion dollar + line of credit to drill oil off of the coast of Brazil even though we can't drill here as it would be damaging to the environment. No political favors here. 3. Robert Gibbs is unfamiliar...

By LISA LERER & VICTORIA MCGRANE | 8/24/09 5:01 AM EDT Kenneth Feinberg finds himself stuck between a bonus and a brouhaha. Photo: AP Executive compensation may be the problem the White House can’t fix. Nothing spurs public outrage like Wall Street bonuses and huge payouts to banking execs whose risk-taking behavior helped...

Rep. Michele Bachman from Minnesota speaking on the house floor about the Total Gangster Government our nation has turned into. I highly recommend you take time watching it. I guess if your a dealer and you lost your dealership all you need to do is know the right Democrat to fix this for you. Its really nice to hear one of the Repr...

Article provided courtest of Seeking Alpha.com Jake Zamansky For those who are intimidated by the complexity of the esoteric $59 trillion credit default swaps market (CDS), let me explain in raw layman’s terms the likely nature and significance of the Department of Justice’s antitrust inquiry into Markit, a company owned...