Naked Captilalism is another great finance/economics blog oft cited by The Baseline Scenario. These blogs are the Woodward and Bernstein of the Financial Crisis.
NC is by far much more dense than Baseline Scenario when it comes to the details but one generally gets the point:
Things are rotten in the United States of America.
The following begins the post “Rahm Emanuel and Magnetar Capital: The Definition of Compromised”
1) A neutron star with an intense magnetic field, capable of emitting toxic radiation across galaxies
2) A hedge fund, the single market player most responsible for the severity of the 2008 financial crisis, through the toxic instruments it created
1) White House Chief of Staff
2) Politician selected by Magnetar’s CEO to be sole recipient of his political donations, 2006-2008
Surf the blog…Get upset!