Reads

Shell game: Zero-interest policies as hidden subsidies to bank from Axel Leijonhufvud at Vox, points out how our current zero interest rate policy is just another in a long list of wealth transfers from the people of this country to the banking establishment. Oh and don't look now but the yield curve that makes all that possible has hit its widest level EVER.

Obama Spending Drive Will Suffocate Job Growth by Amity Shlaes as she preaches to an empty choir at the church of Keynesianism.

E-mails Suggest Bear Stearns Cheated Clients Out of Billions from Teri Buhl at the Atlantic. Don't worry no one has or will go to jail.