I've done a courtesy search for the term bet on bankruptcy for you. See if you can find what you're looking for in the list below:

• The Next Bubble

  You remember the housing bubble, yes? One version of that narrative goes like so: homeowners are better off financially than renters; therefore we decided it would benefit the economy to subsidize housing through cheap loans, mandates, low interest rates, etc. — the “ownership society”; this mainly served to inflate housing prices and saddle millions of Americans with unaffordable debts; in 2008, it blew up in our faces to the tune of trillions of dollars.

  I … Read more

• Shoulda Called Bain

  Risk/reward, success/failure, supply/demand, capitalism and the free market system is not fair, does not play favorites, and does not redistribute wealth. It exists in a predatory state whereby you either sink or swim, no treading water allowed. And nobody or no company is exempt from it’s affects, unless government steps in with it’s Too Big To Fail nonsense, but this post in not about that.

  Some rather big companies are in the news lately concerning … Read more

• That’s because they get it Part Deux.

  Manwhore issued me an infantile challenge to put up a post about education. I took some of his request and am writing about the value of an education vs. the cost to get it, and to make the point that there are no job guarantees. While doing the research, I came across a timely and telling story, in the NYT of all places, dealing with the fact, despite the NYT blatant attempt to spin this … Read more

• Obama’s new “Get out the vote” plan will cost us all

  Unless you are living under a rock, you know Obama, desperate for votes, recently announced plans to make changes to the student loan program which they had already tampered with in 2009. What we are witnessing is an attempt by the left to create an equivalent system that they use to scare senior citizens into voting for them – Social Security – for the young generation. Have no doubt that anything they do, as has … Read more

• Another one bites the dust?

  Seems that last Friday, when they hoped the least amount of people possible where paying attention, that Sibelius and some of the other Obama Administration people finally came clean and admitted what every non-math & economics challenged person, i.e. conservatives, pointed out about the CLASS Act in Obamacare: only a damned liar would pretend this stuff could work. In an AP piece that no longer seems to be around – I wonder why? – we … Read more

• The Taibbi Plan

  Matt Taibbi, one of the key members of the More Clever than Smart Club, has an essay on what he would have OccupyWallStreet demand. It’s making the rounds. Let’s go through it. I’ve almost finished reading The Big Short, a book you really should read to understand the recent financial crisis. So this will serve two purposes: responding to Taibbi and talking about what I learned from Michael Lewis.

  1. Break up the monopolies.

  … Read more

• Smart Asses

  Shikha Dalmia had an interesting post up at Reason about why smart presidents do dumb things.

  The team of the “best and brightest” that Lyndon Johnson inherited from John F. Kennedy embroiled America in an ignominy like Vietnam—not to mention Medicare, a fiscal quagmire that, unlike Vietnam, the country can neither exit nor fix without courting bankruptcy or seriously screwing over millions of seniors.

  Moreover, George W. Bush’s failures resulted not from his alleged stupidity,

  … Read more

• Solyndra update: WH doubled down.

  The AP has this piece running today dealing with how the WH knew Solyndra was a disaster waiting to happen, and that when it happened, it was coming right around the 2012 election, too. While the AP article is not clear as to exactly when the WH figured out this company was a disaster waiting to happen – likely I feel, that because pointing out that they knew even before the loan was made, would … Read more

• You can’t make this stuff up Solyndra update edition

  The latest revelations in the whole disastrous fiasco around Solyndra, one of the Obama Administration’s new green jobs model companies, are unbelievable, as can be seen from this ABC News article on the subject.

  First off, it now looks like the Obama Administration had DOE operatives keep a close eye on the “going ons” at Solyndra, because of the concern that the fears that republicans had expressed that the company was in dire straights, might … Read more

• Green jobs company that got $535 million from Obama raided by the FBI.

  More than a year or so ago, Solyndra and other Green technology companies like it, where being touted by the progressive greens as the solution to both the economic wreck and employment disaster they wrongly, but quite successfully, wanted everyone to believe was caused by evil Boosh-Chimpy-McHitler instead of progressive government pressure on lending institutions and a myriad of schemes and scams to overcome the laws of economics and reality that eventually caused both the … Read more