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Archive for July, 2009

LONG BEACH— Long has been the speculation of just who cheated during the steroid era. And with each passing day, more is being learned.

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ATLANTA— Hillary Clinton raised some serious eyebrows last week when she suggested that a nuclear Iran could be “contained” by the United States’ “defense umbrella.”   Now the Obama Administration and Clinton herself are backing off of this comment, saying that she was merely suggesting that Israel need not be so focused on a military solution to [...]

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ATLANTA— If Barack Obama were truly not born in the United States, then why did the McCain campaign not make a bigger stink about this during the election?  Proving Mr. Obama’s ineligibility for the office of president would have been a sure-fire way for the hapless Mr. McCain to squeeze out a victory last Fall.  [...]

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Is Goldman well capitalized enough to survive the next black swan? It doesn’t matter. As Shanley says in her analysis of Goldman’s bonds: “The company’s debt spreads clearly benefit from the perception that it is too big to fail.” So the price of Goldman’s bonds mean that traders expect that the government will bail Lloyd [...]

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ATLANTA— As we are now past the All-Star break and moving into what should be a very exciting second half, I am handicapping my Braves.  And the truth is, with their current team, they don’t have a shot.

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ATLANTA— A friend of mine asked me a very direct question the other day.  Given that the financial markets have stabilized in the months after the passage of the Trouble Asset Relief Program (TARP), has that caused me to reconsider my view that the policy was wrong?  That is a great question.  I had been thinking a [...]

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ATLANTA— The health care debate in this country is an extremely complicated one.  In my reading of the myriad polls that have been released on this debate over the past few months, it seems to me that neither the left nor the right has a clear mandate for their various proposals.  There is surprising support [...]

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