Month July 2007

Emanations from the Planet Fed

The credit losses associated with subprime have come to light and they are fairly significant,” — Federal Reserve chairman Ben Bernanke, today “Come to light’? They’ve been a million watt floodlight in the eyes for several months now to all…

Review: Deer Hunting With Jesus

Joe Bageant grew up redneck in Winchester Virginia, escaped to the city, became a “godless commie,” moved back thirty years later, and wrote this book about it. It’s subtitled “Dispatches from America’s Class War.” He looks at the people that…