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Angry Bear


Billions for Bankers, Nothing for the Housing

Good Thing We Have Deficit Hawks in Congress:The tenants were all living low-rent under a program that's beginning to expire - but had been promised they could still qualify for a federal Section 8...

Started in Angry Bear • 5 days ago • 0 responses
Tags: social insurance, solvency crisis, deficit hawks
Open thread Dec. 18, 2009 (no GW)

Started in Angry Bear • 5 days ago • 0 responses
Would Have Been Hoisted from Comments Elsewhere

But Steve Randy Waldman already did the heavy lifting:several of the other officers had been stationed at the height of the housing bubble at facilities located near D.C. in Northern Virginia. They...

Started in Angry Bear • 5 days ago • 0 responses
Tags: bailout, solvency crisis, iraq war, interfluidity, class war
Are TBTF Banks Out of Danger? The Market Doesn't Think So

Down here it’s just winners and losersAnd don’t get caught on the wrong side of that lineThis will be a long post. Even with all the pictures above the fold.It started with a finger exercise during...

Started in Angry Bear • 5 days ago • 0 responses
Tags: rational expectations, steve randy waldman, bailout, solvency crisis, shareholder value
Why Does Santa hate poor kids? (Seven shopping days to Christmas )

by Bruce WebbI posted the below last Christmas Eve. Which was too late to actually discuss the issue. People decry the commercialization of Christmas, which is fair enough. And on econoblogs we...

Started in Angry Bear • 6 days ago • 0 responses
Tags: income inequality
Much to My Amazement

It appears all of the "gosh, we really made a lot of money from bailing out rich bankers who socked it to their customers" rhetoric is having a small problem in the realization:The U.S. government...

Started in Angry Bear • 6 days ago • 0 responses
Tags: bailout, regulatory capture, solvency crisis, tarp, government
Glass-Steagall reconsidered

Economic Populist points us to consideration of re-instating the Glass-Steagall Act.Plain vanilla banking at a tidy profit for regular banking functions is still a good idea.

Started in Angry Bear • 7 days ago • 0 responses
Banks exiting TARP

by Linda Beale (cross posted from ataxingmatter) Banks exiting TARP Citibank has confirmed its plans to pay back the bailout funds directly provided to it. See NY Times. Of course, the fact...

Started in Angry Bear • 7 days ago • 0 responses
Obama, Bush, Mankiw: A Look Taxes, Spending, and Bull#@% in the Great Recession

by cactusObama, Bush, and Mankiw: A Look Taxes, Spending, and Bull#@% in the Great RecessionThis post serves as a quick follow-up to my previous post on real GDP per capita growth and the tax...

Started in Angry Bear • 7 days ago • 0 responses
Get Ready to Throw Momma from the Train

It's coming closer:Once the tax expires, those inheriting estates after Dec. 31 will have to pay capital gains taxes on any asset sold. The cost will be based on the original price of the property,...

Started in Angry Bear • 7 days ago • 0 responses
Tags: estate tax, politics, paul krugman
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