Tag Archives for economy
Suing Tax Payers With Their Money
Chaos before the crash. -Shlok Sign up for my newsletter.
GS Still Has A Seat At the Trough
Treasury Secretary Timothy Geithner picked a former Goldman Sachs lobbyist as a top aide Tuesday, the same day he announced rules aimed at reducing the role of lobbyists in agency decisions. Mark Patterson will serve as Geithner’s chief of staff … Continue reading
The Allegory of the Empire State Building
Late 1929 – Stock market collapse. January 22, 1930 – Construction on the building begins. May 1, 1931 – The Empire State Building opens. Hoover turns the lights on from DC. Millions starve. Large tracts of the building remain empty. … Continue reading
Wholesale Inventories Way Down
NYT – The Commerce Department says wholesalers, the companies in the supply chain between manufacturers and retailers, reduced their inventories by 1.1 percent in October, the biggest cutback since a similar drop in inventories in November 2001. The inventory decline … Continue reading
Investing In Solar + Declining Economy
Results in solar tech theft. Beyond California, solar-power markets are comparatively small, so thefts are still rare — but they are spreading. In the last 18 months, Oregon’s highway department has lost a few panels used to power portable traffic … Continue reading