Bill McBride — Sunday Night Futures: Greece and Puerto Rico

I hope Greece is ready with the Drachma (It seemed there was no way out four months ago).

Calculated Risk
Sunday Night Futures: Greece and Puerto Rico
Bill McBride

Spitzer and Ratigan — Mitt Romney's State of the Union Challenge on the Mortgage Crisis

What Americans should be taking from this episode is that finance, while complex, is not conceptually hard. If it's a lie on the balance sheet, it's going to be destructive to ordinary people. If you stop the balance sheet lying, the economy will do better. But while Mitt Romney might have said this out loud, they all know it behind closed doors. Our question is, who will be the first to make this a policy reality?

Read it at The Huffington Post
Mitt Romney's State of the Union Challenge on the Mortgage Crisis

by Elliot Spitzer and Dylan Ratigan