During the passage of the most recent stimulus bill there was much debate over if the government spending even has the possibility of being effective.  This debate continues today, largely along partisan lines, so I was curious if there is any empirical evidence to support the ...

Presentation Zen has put together a great video describing the credit crisis that I have embedded below.  Thank you Jeff for the forward. The Crisis of Credit Visualized from Jonathan ...

There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers. - Richard Feynman

Update:  Here is a link that breaks down how everybody voted: http://www.nytimes.com/ref/washington/ROLLCALL.html?currentChamber=house&currentSession=2&currentCongress=110&currentRoll=674 (thank you LaterSkater) Pulling a page from the Democrats playbook circa 2000-2006 , Republicans seem unorganized, lacking leadership and generally inept when it comes to trying to get something passed to help the economy.  In doing so it led ...

Update 3/15: I just added this video to the top of the post which I feel does a good job giving an overview of the Credit Crisis. ...

Bush begins the explanation at about the 2:40 mark. I don't know about you but I feel much better now....

He makes many great points. 1) I don't have a problem with CEOs making millions and millions of dollars because they deal with billions. I do have a problem that their salary is not tied to stock performance. Either have performance based salary or cap your salary at say $700K. I'm ...

Today I am going to see my financial advisor, he will inform me I will not be able to retire until I'm in my 70's and that my kids are going to go to public school. In other news the good folks at Lehman Brothers will be dispensing over $2.5bln in ...