News from the Northwoods

This blog posts about aviation, automobiles, electronics, programming, politics and such other subjects as catch my interest. The blog is based in northern New Hampshire, USA

Showing posts with label Great Depression 2.0. Show all posts

Thursday, August 31, 2017

Wall St "repos". Legitimate financing or just plain gambling?

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It's a very short term lending scheme. The borrower sells some financial paper (often US T-bills) to raise money, but promises the buye...

Friday, July 7, 2017

Fed Governor Urges Housing Finance Fix

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Headline of a Wall St Journal piece. Fed Reserve governor Jerome Powell wants more private investors to buy into Fanny and Freddy, so that ...

Tuesday, July 1, 2014

We need some scalps

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Great Depression 2.0 started six years ago. I know there was some malfeasance, skullduggery, and just plain stupidity in the big banks. Th...

Sunday, February 9, 2014

When does a recession stop?

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Depends who you ask. Economists call a time of falling economic activity a recession. They used to call it a depression, but after the gre...

Tuesday, November 5, 2013

It's Halloween for taxpayers.

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The US House just gave the banks a big green rustling handshake. It passed the "Swaps Regulatory Improvement Act" HR 992 on 30 O...

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Dstarr: Franconia, New Hampshire, United States

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