1.21.2009

Couldn't happen to a nicer paper

Desperate New York Times borrows from Mexican loan shark.

They will likely blow through the $250 million within a couple years, at which point they will be at the mercy of Carlos Slim Helu. Unless they are rewarded with a bailout by the Obama Administration for their loyal reporting.

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...