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Scaremongering. What will happen? What happened last time. The government showed it will take resolute action.

Buffett's investing acumen is to be respected, but he is still open to criticism. He has been very fortunate to be an American investing in America for the past half century. The U.S. hasn't truly experienced a very severe downturn in that time. Yes there were the 70s and yes the 2000 dot...

People used to drink tap water!!! Today bottled water is worth more than $1.

Krugman who was like the only notable pundit out there ranting against Bush Jr.'s incompetence years before it was fashionable? He was called shrill and unbalanced then and now it seems the same accusations are being hurled at him again. When will his critics learn?

Under capitalism the government can allow almost any industry to fail BUT NOT BANKS. The capitalist system is built upon banks. The current crisis may not have been avoidable but it noticeably deteriorated after the fall of Lehman. Rather than lots of opinion not backed by facts people...

Most good parents dream of leaving their children and family better off when they pass on. It doesn't matter that they are working hard and not enjoying the fruits of their labor as long as they can rest assured their children will be better off than they are. For many that is a MAJOR...

Increasing the money supply is only one prong in what needs to be a multi-pronged approach to addressing this financial crisis. As regards to moral hazard, the current situation is already beyond the point where moral hazard can be effectively addressed without throwing the baby out with the...

So Obama moves to enact the changes he campaigned on. Why the uproar? If he had went beyond that like with a transaction tax I could understand the outrage, but this? Obama won the election and he has the mandate. his opponents better pick their battles and save it for when it really matters...

What's happening with BAC and C right now is the stock market's version of the "stress test". Market participants smell blood and are circling like sharks while those risk averse scared by the specter of nationalization are fleeing. We saw it previously with BSC, FNM, FRE, AIG, WAMU, WB...

One of the closest financial collapses in terms of similarity to the current one is that of Japan circa 1990. Please take a look at the chart of the Japanese yen since then and give us your thoughts.

I got the figure from Marc Faber on an interview on Bloomberg. Couldn't find the link to that so I'll link to this instead which shows the 30 billion loss in market cap on world stock markets sourced also via Marc Faber...

WRONG. According to Friedman the money supply did decrease by 1/3---but it wasn't caused by the Fed. It was caused by the string of bank failures. The Fed's fault according to Friedman was not doing enough. So when you see Helicopter Ben showering money and loosening the spigots it's because...

Someone still needs to explain why the Japanese yen didn't depreciate significantly when their bubble popped. With that example sticking out I am not going to jump on the gold bandwagon just yet.

You're wrong when you say bitches aren't bitches when they are still young. Bitches are bitches from youth and maybe even from birth. Same with male jerks. Everyone who has been to school should know this.

"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually...

This might help or the links at the bottom of the article: http://en.wikipedia.org/wiki/Open_market_operations

scriabinop23 and aradiel it seems have identified and explained the important points. But to reiterate the essential point aradiel brought up, economically speaking it is GOODS and SERVICES that equates to wealth. Money is merely a means to that end. It is what greases the wheel of...

If there is something about the media attention on Obama entering the White House and the whole issue about the Blackberry that has struck me, it is how cocooned and removed from the everyday the president is. It is not good when there are obstacles in the way of the leadership getting an...

But it is the urban areas on the coasts that most reliably vote Democrat. It's the more rural areas of the Midwest and South that are most Republican. So much for your opinion and analysis.

If I recall in another article about the CBO they hired outside consultants to do the analysis. A question that should be answered first is who did they hire, what methodology did they use, and how did they come up with the numbers? The idea of crowding out investment is a tricky one. As in...