Author: Dave

Michael Lewis is one of my favorite financial writers and his new Vanity Fair article about the AIG Financial Products Group and Joseph Cassano is required reading for anyone wanting to learn more about...

Just click here and read the post and the comments.  I guess it’s economic news.

Why is it that when I think of people who still continue to argue that the Community Revinvestment Act (“CRA”) played some role in the financial crisis, I think of zombie movies?  This, however, has...

…but a 150-year prison sentence is guaranteed to put Bernie Madoff away for the rest of his life.  Personally, I think he should spend it in the general population wing at Riker’s Island given...

Via Politico: Treasury Secretary Timothy Geithner said Wednesday that the Obama administration will take several new steps to reform the ways executives are paid on Wall Street — and he argued that pay packages...

The guy’s a prick.  He kind of deserves it.

1 part distortion-filled ad campaign that doesn’t intend to have a huge cheeseball factor but does 1 part campy 50’s-60’s sci-fi/horror The result Goes well with a glass of red wine or a warm...

Michael Savage has filed a lawsuit against the government claiming that the memo has a chilling effect on free speech (H/T: Dispatches from the Culture Wars).   Regardless of one’s opinion of the content of...

Via Kipesquire (I couldn’t have said it better myself): The “victimized” Christian bigots are of course not making a thorough, comprehensive (i.e., truly libertarian) demand for full entrepreneurial freedom of contract — and its...

…taking up residence to the libertarian paradise that is Somalia.  I’ve had a few liberals tell me I ought to go there.  I could use a change of scenery anyway. H/T to the commenter...

If it isn’t the intellectually-challenged on the Right accusing him of applauding Hamas’ rationality and descending into the darkness of nihilsim (funny), it’s the intellectually challenged on the Left referring to him as a Paulrandlibertruthcession-ist. Oy vey.

When I was in my graduate finance program many years ago, the accounting professors told us that the meaning of the acronym GAAP was Generally Accepted Accounting Principles.  When I took my class in...

Nice try… Then we have to rip our eyes away from the inferior distractions like the League of Ordinary Milquetoasts and muster at the Tea Party for some principled, Constitutional opposition. I’m sorry, but...

Yes E.D., they found a way to spin it, and here we go… By only one vote, the Vermont House just voted to override Governor Douglas’s veto, overturning the common sense definition of marriage...

Legalized by democratic process.

Jacob Sullum has concerns about the Iowa Supreme Court ruling striking down the state’s ban on same-sex marriages: It’s clear that the Iowa constitution’s equal protection clause, at the time it was adopted, was not...

This is an adaptation of a classic Tim Sandefur post written about five years while he was in the process of shredding conservatives in a bit of a blawgospheric battle over Lawrence v Texas,...

Justice in Iowa. I may have more on this later after I read the opinion.

I’m now a neoconservative.  You nihilists are now done for.  My moral clarity trumps all. Ok, April Fools although I do have the asshole part down pretty well.

The next time I hear someone mention The Community Reinvestment Act as a proximate cause of the financial crisis, I’m going to scream.  To conservatives and my fellow libertarians, at some point, you are going...