The Sunshine Report

Veritas Financial Partners
Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Category Archive: Bush Administration

  1. Supply-Side Economics Isn’t The Answer For Today’s Problems

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    There is a time and a place for supply-side eco­nom­ics but this is nei­ther. Supply-side advo­cates seem to be fol­low­ing the eco­nomic “chicken soup the­ory”; tax cuts and less reg­u­la­tion are like chicken soup, talk­ing about chicken soup makes every­one feel bet­ter and if actu­ally pre­scribed prob­a­bly won’t make things worse either. But, the prob­lem […] [read full story]

    Posted in: Bush Administration, Business Environment, economy, Finance, Fiscal Policy, Politics, Public Policy, REGULATION

  2. Let’s Do The Time Warp Again; Advocates of a 4.5% Mortgage Rate Must Have Come From Another Time And Place

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    When I hear peo­ple talk about the gov­ern­ment essen­tially man­dat­ing that banks and Fred­die Mac and Fan­nie Mae orig­i­nate 4.5% 30 year fixed mort­gages I think of the Rocky Hor­ror Pic­ture Show and The Time Warp. Mem­bers of Con­gress and econ­o­mists who are push­ing under­priced mort­gages must be from another time and place oth­er­wise they […] [read full story]

    Posted in: BANKS, Bush Administration, Business Environment, Credit Crisis, economy, Fannie Mae, Finance, Freddie Mac, housing crisis, Mortgage, Obama, Politics, Public Policy, REGULATION

  3. Regulatory Reform is Needed Now To Prevent The Next Bubble and Crisis

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    Like a pet ger­bil run­ning end­lessly on a cir­cu­lar wheel, Gov­ern­ment lead­ers are putting all of us on the eco­nomic tread­mill of ser­ial fail­ure. Calls for an imme­di­ate inves­ti­ga­tion into what went wrong and why are going largely unheeded as gov­ern­ment lead­ers claim that a witch hunt is the last thing we need now. Well, I […] [read full story]

    Posted in: Bernanke, Bush Administration, Chris Cox, Credit Crisis, economy, FDR, Finance, Fiscal Policy, McCain, Obama, Paulson, SEC

  4. Money Supply and Economic Data Weekly Watch – Hold On Tight Cos I’m Afraid Of Heights!

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    Hold on tight cos I’m afraid of heights and it’s time for blast off. Money sup­ply is on a one way ticket to the moon and we are going along for the ride. After 6 months of real money sup­ply shrink­age, this week’s Fed release of money sup­ply and its bal­ance sheet points to a rapid […] [read full story]

    Posted in: Bush Administration, Credit Crisis, economy, Federal Reserve, Finance, M2, Paulson

  5. SOUNDS LIKE A HOOVER ADMINISTRATION ECONOMIST PRESENTED AT LAST WEEK’S FED CONFERENCE" rel="bookmark">SOUNDS LIKE A HOOVER ADMINISTRATION ECONOMIST PRESENTED AT LAST WEEK’S FED CONFERENCE

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    Some of the head­lines from last week’s Fed­eral Reserve con­fer­ence sounded like they were writ­ten in the 1930’s when the Hoover Admin­is­tra­tion encour­aged liq­ui­da­tion of assets and banks as a way to fix the econ­omy. Willem Buiter, a for­mer offi­cial of the Bank of Eng­land and Euro­pean Bank for Recon­struc­tion and Devel­op­ment, sounded like Andrew […] [read full story]

    Posted in: Andrew Mellon, BANKS, Bernanke, Bush Administration, Credit Crisis, Federal Funds Rate, Federal Reserve, Finance, Great Depression, Hoover Adminstration, housing crisis, monetary policy, Money Supply, Willem Buiter

  6. MONEY SUPPLY AND ECONOMIC DATA WEEKLY WATCH (Part 1 – Money Supply and Federal Reserve Action)" rel="bookmark">MONEY SUPPLY AND ECONOMIC DATA WEEKLY WATCH (Part 1 – Money Supply and Federal Reserve Action)

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    Money Sup­ply and Fed­eral Reserve Action Money sup­ply increased at a good pace dur­ing the week end­ing July 21st. Even so, M2 still remains less than 1% greater than the level achieved the week end­ing March 24th. While money sup­ply growth was strong dur­ing the third week of July, for the trail­ing 13 weeks money […] [read full story]

    Posted in: BANKS, Bernanke, Bush Administration, Credit Crisis, Federal Reserve, Finance, FOX BUSINESS NETWORK, Inflation, monetary policy, Money Supply

  7. CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS" rel="bookmark">CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS

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    In my first year of law school I learned why enforce­ment of crim­i­nal and civil law is essen­tial for the United State’s social and eco­nomic func­tion­ing. Appar­ently, the elite lawyers of the Bush Admin­is­tra­tion didn’t learn the same les­son since they have a non-existent enforce­ment pol­icy which has made the US finan­cial mar­kets a Petri […] [read full story]

    Posted in: BANKS, Bernanke, Brokerage, Bush Administration, Credit Crisis, Criminal Law, Federal Reserve, Finance, McCain, Obama, REGULATION, SEC