Raw Story (hat tip reader John D) I don’t see why this is surprising. With ladies of the night, you at least get what you pay for.
CBS (hat tip reader John D)
Rolfe Winkler, Reuters. Good analysis of how much money Buffett has garnered from various rescue programs.
Bloomberg and G (hat tip DoctoRx)
New York Times, Bears the hallmarks of a planted story, and agnotology to boot, but I lack the energy to shred it.
Dean Baker, Guardian
Dealbook, New York Times
Richard Thaler, Financial Times
FT Alphaville (hat tip DoctorRx) Today’s must read. Refutes the idea that governments can inflate their way out of debt deflation. Key sentence:
The idea that governments can readily inflate their way out of their debt problems is a misnomer — arising, perhaps, from confusion between the fate of the individual bondholder and the response of the collective market.
Antidote du jour (hat tip reader Gregory W):