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Category Archives: Economy

Wall Street

House GOP Votes To Make Wall Street Regulators Into Political Tools

The mindset of the politicians who voted for H.R. 3340 yesterday was revealed in comments by the bill’s author, Texas Republican Jeb Hensarling, who said that “Americans have come to loathe” the Financial Stability Oversight Council and the Office of Financial Research. Really? Do YOU know anyone with special loathing for these regulatory offices?

prediction markets get 2016 GOP race wrong

The Idiocy Of Prediction Markets Illustrated With 2016 Republican Contest

The repeated failure of ElectionBettingOdds.com to provide a consistent predictive view of the Republican presidential race shows that there really isn’t any invisible hand guiding markets in a reliable way. Crowds of people don’t have particularly reliable, or even constant, predictive insight.

Psst... what kind of person doesn't support pacifism?

Fight the Republican beast!