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29 Jul 2011, 7:34 pm by JB
(And, if the government were to default, I'm sure it could work out something with the Fed, if you know what I mean.)What this solution does, in effect, is use the sale of a derivative security instead of floating new debt ( currently prohibited by the debt ceiling), printing new currency (currently limited by other federal statutes), or minting new coins (the "jumbo coin" solution).The credit default swap solution neither issues new debt nor creates new… [read post]
19 Mar 2009, 7:36 pm
Yesterday on NBC's Today show, I heard New York Democratic Rep. [read post]
29 Jan 2007, 8:33 pm
"I'm actually pretty optimistic the ploy won't work," Notebaert said, "that logic will prevail. [read post]
30 May 2012, 8:07 pm by Adam Levitin
   I'm not a fan of the bully model in either context. [read post]
18 Dec 2016, 10:22 pm by Adam Levitin
 I'm willing to bet that almost all government agencies (excluding the military) have the same tilt. [read post]
30 Dec 2008, 8:26 am
What I'm saying is: Be not apocalyptic. [read post]
25 Dec 2011, 8:12 pm by Jeralyn
While I'm somewhat familiar with the basics of PCI compliance in Colorado, I haven't read the rules and regulations for Texas or all the credit card companies, so I'm not alleging Stratfor wasn't compliant, I'm just asking the question. [read post]
8 Jun 2014, 1:38 pm by Adam Levitin
 Perhaps some bridge financing would be needed, but giving the ingenuity that the Fed and Treasury displayed when they wanted to, I'm sure they would have found a way, legality be damned. [read post]
9 Sep 2010, 7:27 pm by Kevin Funnell
The legal defenses available to the banks are not unimportant, and I'm not going to predict whether or not Wells Fargo will prevail on appeal. [read post]
20 Oct 2009, 12:29 am
  Also, Im not sure why network effects are a problem here. [read post]
12 Apr 2012, 12:24 am by Stan
Im generally in agreement with the basic points of the Times piece. [read post]
20 Jul 2010, 9:36 am by Brett McDonnell
  I'm just hoping that my coffee table, where I'm trying to work through the thing, doesn't collapse under the weight. [read post]
19 May 2016, 1:23 pm by Alex Loomis
Rather than argue that this reading of Zivotofsky I is the best interpretation of that case, in this post I'm going to review U.S. appellate court political question jurisprudence since Zivotofsky I and ask if that case changed the lower courts' analysis. [read post]