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Category: Other Guys

Economic and and financial news and analysis from respected observers. Because I publish it, doesn’t mean I agree with it.

Days Of Crony Capitalist Plunder—–The Deplorable Truth About GE Capital

GE’s announcement that its getting out of the finance business should be a reminder of how crony capitalism is corrupting and debilitating the American economy. The ostensible reason for unceremoniously dumping its 25-year long build-up of its GE Capital mega-bank is that the company does not want to be regulated by Washington as a systematically important financial institution under…

Stronger Dollar Weighs on U.S. Import Prices (Import Prices Fall 10.5 Percent YoY)

The prices of imported goods declined slightly less in March than expected. The forces weighing on both consumer prices and demand for domestically produced goods — notably the stronger U.S. dollar — are far from receding. Regarding prices, recent firming in oil and consumer prices have soothed concerns about disinflation, but if the April jobs […]

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