I heard The Offspring’s latest single on the radio yesterday (lyrics), and immediately wondered if they had totally sold out.
Authority
Vested in me
I sacrifice
With my brothers in arms
Did they? If so, when did it happen, because I didn’t get that memo. If they didn’t sell out, what am I missing? Is [...]
Obama came to Detroit, pledging support for the Auto industry. This is of interest, because he’s not exactly been friendly to the auto industry in the past, which just goes to show that politicians will promise anything in the name of power.
And people just eat it up, because they’re idiots, and as such they [...]
According to the Financial Times, the U.S. Treasury wants to see a stronger Federal Reserve, which would be able to “stop credit and asset market excesses from reaching the point where they threaten economic stability.”
Another argument in favor of expanding the Fed’s regulatory/oversight powers, is that
The market stability regulator must have access to detailed [...]