…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…

…the firms’ book value goes up. That increase is the firms’ net saving — think of it as firms saving on behalf of their shareholders. Stock markets certainly consider that…

…of production, even though in the “higher stage of socialism” generally labeled “pure communism,” the state is supposed to “wither away.” Capitalism is private ownership of the means of production,…

…benefits in exchange for the pittance of slightly higher taxes on the upper crust. The article goes even further astray at the end with its label of a “two-part deal”…

…aspect of capitalism, which I will call relatively unbridled financial markets operating on a global basis, has broken down. And it has broken down in [such a] way that I…

…– this has been getting a lot of attention lately due to farmers markets and local farms selling produce, eggs, dairy and limited meats to the general public. I can…

…in the toilet and the first thing that usually happens is niche, or perceived niche markets take a hit. Food inflation has hit communities hard as grocery stores continue to…

…markets. They interfere with markets when it suits their purposes. Bush supported bailouts for airlines, unprecedented subsidies for agriculture and tariff protections for steel. Indeed, heh, ok then, and so…

…and services) is determined by the behavior of profit maximizing producers, competitive labor markets, the existing stock of capital goods, and the state of technology, then relative prices will tend…

…not only a great read but also a revealing informational source on the changes in the American polity, she does note the label he attaches to the right-wing resurgence (“breadwinner…