Ben Bernanke’s Childhood Home Sold In Foreclosure

By: kowalski (Diary)  |  February 15th at 09:49 AM  | 

The Wall Street Journal (ht: Drudge) is reporting that the boyhood home of Ben Bernanke has been put on the block and sold in a foreclosure action. The Bernanke family sold the property more than 10 years ago and the most recent owners couldn’t make the payments. The town of Dillon, South Carolina has an unemployment rate almost twice the national average and like many | Read More »

What If We Wanted An Economic Recovery?

By: kowalski (Diary)  |  February 3rd at 03:58 AM  | 

As Opposed To Political Gamesmanship? Right now the concept of stimulus packages being passed by Congress or not passed by Congress is a political idea that has very little to do with economic reality, and much more to do with one party or the other scoring political points. It is certain that hundreds of billions of dollars, perhaps trillions, are in play — but very | Read More »