Author: Dave

From one bourbon newbie to another…

Until a few days ago, the only Robert Parker (“RP”) I was aware of was the late author of the Spenser books.  There is another: the influential and controverisal wine critic.  Seeing as I...

For the whiskey drinkers

First of all, if you are not a reader of Chuck Cowdery’s blog, I strongly recommend that you become one.  His blogging output is consistent and his material is very informative.  His site has...

Dave’s not here. Oh wait, yes he is!

I meant to post this late last week after my payday lending post, but things got busy for me.  At the request of a few of my League bloggers and League commenters, I thought...

Payday Lending – Some Thoughts

There was an interesting discussion in the comments section of this post about payday loans.  I assume everyone here knows what they are, but just in case someone does not, payday loans are short-term loans of...

Damn you Wal-Mart…

As much as I want to get a substantive post on the front page, I keep getting distracted.  This article about Wal-Mart is yet another distraction, but one I wanted to share with everyone,...

Jacob Sullum finally gets it…

Good for him.  I never agreed with his intention-based approach regarding equal protection (see here) so his embracing the text and underlying principles is pleasing.

The Deep Divide

Responding to the post by Br. Chris, I think Matt Taibbi has a point.  Tea Partiers and other small government types were opposed to the bailout and would like to see an end to crony capitalism and the marriage...

Clueless…

Not that I am surprised to see editorial garbage floating around over at Investor’s Business Daily (I read it so you don’t have to), but Rep. John Boehner’s attempt to put Republicans on the...

Facts and Assertions

Mark Calabria at Cato seems a little annoyed that people like Simon Johnson are hammering Mitch McConnell for his defenses of doing nothing (Brother Scott addresses here).  He blames this primarily on: This familiar canard is...

Addressing Goldman’s defenders…

Writing at RealClearMarkets, John Tamny attempts to defend Goldman Sachs against the SEC’s allegations.  His defense, aside from the SEC bashing (some of it deserved), seems to hinge on a simplistic Trading 101 description...

The Magnetar Trade

I’ll have some additional thoughts on the Goldman Sachs/SEC summed up in a post early next week, but in the meantime, a similar situation with another hedge fund is required reading.  A very indepth...