Lacunae Musing

While budget infernos sweep state and local budgets, government bureaucrats fiddle away at deficits by making minor cuts and taking the easy...

When I posted my penultimate entry, the blogger “dashboard” indicated that it was my one-hundredth one. This made me ask: where had my blogg...

Here is another maligned minority ready to blame others for its own actions, and expecting the taxpayer to foot the bill: “FORECLOSURE VICTI...

After the Federal Reserve successfully contributed to a real estate bubble which has yet been allowed to completely unwind, Congress could n...

The downgrade of AMBAC’s financial-strength rating, and the possibility of downgrades of other bond insurers, including MBIA, could be the b...