I was just reading an article by Nouriel Roubini.  He talks about the failure of Laissez-Faire Capitalism.  Basically he says that our economy has failed because we allowed it to become the Wild, Wild West.  That we allowed unregulated capitalism to run rampant according to the efficient market hypothesis.  That the market will behave most [...]

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Last week our USA economy went through a lot of troubling times.  We had the bankruptcy of Lehman, buyout of Merrill Lynch, and the rescue of AIG.  The week ended with the Government talking about a bailout being necessary to stabilize our economy or else we might plunge into a second Great Depression.  Also earlier [...]

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