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It marks the end of an era. Alan Greenspan, the maestro, defender of the market fundamentalist faith, champion of deregulation, celebrator of exotic banking inventions, admitted Thursday in a hearing before Rep. Henry Waxman’s House Committee and Oversight and...

Former Federal Reserve Chairman Alan Greenspan today engaged in an attempt to rewrite history that was so egregious that even CNBC anchor Mark Haines, a free-market cheerleader, was aghast. The offense was on the first page of Greenspan's written testimony before the...

In my work-related news reading this morning, I came across an interesting take on Obama's exchange with "Joe the Plumber." The truth is that Obama in Ohio spoke the language of American democracy, which has always included a perception that wealth is a form of power,...

Earlier this week I expressed some hope that the traditional media would accurately cover the debate over how to best get our economy back on track: r

After Gov. Sarah Palin's nomination acceptance speech, I remarked it was a "sad night for conservatism," as the wildly received speech exposed the conservative leadership's desire for snide insults over responsible governing, for eschewing personal responsibility of...

Focused on the election? Might be a good idea to watch your pockets at the same time. Here's a glance at what's happening to the Wall Street bailout. Hank Paulson is, no doubt, the most impressive of the Bush administration cabinet members (admittedly not a high bar)....

In the second presidential debate, moderator Tom Brokaw asked the candidates whether health care is a privilege, a responsibility, or a right. John McCain answered privilege, while Barack Obama said that health care is a right. With nearly 46 million Americans...

Patio Man, Deck Guy, Porch Dude and Stoop Buddy are all surprised that they still waste five minutes of their day reading David Brooks. Brooks' occasional use of big words and obscure references always made it seem like he knew what he was talking about. But now that...

Sen. John McCain, meet Joe the plumber. Unlike Samuel Wurzelbacher, Joe’s given name is…Joe. And, unlike Wurzelbacher, he’s a licensed plumber. Joe Moenck, a plumber in Zumbrota, Minn., is a member of Plumbers and Pipe Fitters (UA) Local 6—which, like all...

Yesterday's Washington Post headline posed the question, "As Fuel Prices Fall, Will Push For Alternatives Lose Steam?" The weakening "push" referred not to public policies but to market forces, as clean energy entrepreneurs lamented the increased difficultly with...