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Delusions About the Detroit Bailout

New York Times

WHEN Mitt Romney takes the podium at Ford Field in Detroit today, he’s likely to include yet another sharp denunciation of the government’s rescue of General Motors and Chrysler.

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Don’t just blame capitalism, blame the regulators

Financial Times

Amid the finger-pointing about the failures of capitalism, we should not forget the responsibility of governments. They relaxed regulatory requirements, turned a blind eye to dangerous activities and indulged in their own excesses. Capitalism is like an energetic child who needs boundaries and discipline. If a toddler accidentally sets his home on fire, it is the parents who bear the blame. “Capitalism in crisis” could easily be subtitled “government in crisis”.

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Mitt Romney pushes the envelope on his taxes

Politico

By now, every literate American is probably familiar with former Massachusetts Gov. Mitt Romney’s 14 percent federal tax rate, the result of most of his income coming via capital gains.

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The New York Times: Don’t Take Trump’s Word for It. Check the Data.

For more than 90 minutes last week, Donald Trump gave a rambling speech accepting the Republican nom...

The New York Times: Biden’s Get-Tough-on-China Tariffs May Backfire

The tide of globalization is receding, at least from American shores. Two successive presidents have...

The New York Times: What Trump Would Do To Our Economy

Originally published in The New York Times. Much to fear about another Donald Trump presidency: ...

The New York Times: America’s Broken Immigration System, In One Chart

The immigration problem Congress faces is large and complex. Let’s break it down. Between Octob...

Book

“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine

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