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Tonight will mark the final presidential debate between John McCain and Barack Obama and our expectations are, well, not too high. This, however, is the last chance for McCain and Obama to go face-to-face, so let's hope they make it count. (0) comments

It was Amelia Bedelia's first day as senator from New Mexico. "How exciting!" she said to herself as she climbed the steps of the Capitol building. "I can't wait to start." (1) comment

Sometimes I wish I could get a time machine, bring back people from 300 years ago into today's world and see how freaked out they would get. (0) comments

Much has been made of the magnitude of the current credit crisis. No one at this point can really say much in detail about how deep the crisis will go, what the long-term effects will be or how the economy will get out of it. If we begin, however, by looking at the history of banking and of market collapse, we notice that, since the 1980s, asset price bubbles and subsequent credit constrictions have been a common and recurrent problem. (0) comments

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