Feb 6, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

‘The Single Most Drastic Error In Policy In Modern History’ « Michael Panzner »

Posted: 06 Feb 2010 07:06 AM PST

PBS Newshour has posted a brief but fascinating interview with David Stockman, Director of the Office of Management & Budget during the Reagan era. Despite — or, perhaps, because of — his political and financial industry background, he pulls few punches in his remarks about the financial crisis and its aftermath. Here are a few excerpts:
On the relationship between Wall Street and Washington –

DAVID STOCKMAN: …we have gotten into this syndrome, I think, over the last 20 years, … [visit site to read more]

Anti-Greed Filmmaker Michael Moore Wants Taxpayer Money « Mark Perry »

Posted: 06 Feb 2010 04:01 AM PST

Film-maker Michael Moore would like to fill that bag with Michigan taxpayer money.

“A Michigan Republican state senator is calling out filmmaker Michael Moore for requesting $1 million in tax subsidies for his movie “Capitalism: A Love Story,” in which the filmmaker decried the government bailout of Wall Street executives.

State Sen. Nancy Cassis, R-Novi, is asking Moore to withdraw his application from the Michigan Film Office, which would reimburse up to 42% for costs associated … [visit site to read more]
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