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	<title>Rebel Yid - Ideas beyond the left/right, red/blue, and liberal/conservative thinking &#187; FDIC</title>
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	<description>Beyond left and right.</description>
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		<title>Falling Through the Financial Cracks</title>
		<link>http://www.rebelyid.com/2011/05/falling-through-the-financial-cracks/</link>
		<comments>http://www.rebelyid.com/2011/05/falling-through-the-financial-cracks/#comments</comments>
		<pubDate>Wed, 25 May 2011 09:14:08 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Andrew Ross Sorkin]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[Commodity Future Modernization Act]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Glass Steagal Act]]></category>
		<category><![CDATA[Gramm-Leach-Bliley]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[Phil Graham]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Too Big to Fail]]></category>
		<category><![CDATA[Willliam Hurt]]></category>

		<guid isPermaLink="false">http://www.rebelyid.com/?p=6094</guid>
		<description><![CDATA[When those who point fingers seek blame for the financial crisis of 2008 (we are yet to have an official historical name for this disaster) the common refrain is deregulation of the financial industry, but some examination seems to be that we were buried in regulation in many areas while bereft in others.
The two most [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lost With the Wrong Map</title>
		<link>http://www.rebelyid.com/2011/02/lost-with-the-wrong-map/</link>
		<comments>http://www.rebelyid.com/2011/02/lost-with-the-wrong-map/#comments</comments>
		<pubDate>Tue, 01 Feb 2011 09:00:24 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Barney Frank]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Frank Dodd]]></category>
		<category><![CDATA[Nassim Taleb]]></category>
		<category><![CDATA[The Black Swan]]></category>

		<guid isPermaLink="false">http://www.rebelyid.com/?p=3933</guid>
		<description><![CDATA[
If you have the cue ball and just one other ball on the pool table lined up for shot in the corner pocket, AND you are a reasonable competent pool player then you can determine with some degree of accuracy and consistency that you will have a high degree of probability of sinking that shot.  [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Canadian Lesson</title>
		<link>http://www.rebelyid.com/2010/09/the-canadian-lesson/</link>
		<comments>http://www.rebelyid.com/2010/09/the-canadian-lesson/#comments</comments>
		<pubDate>Sat, 25 Sep 2010 09:00:59 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[1934]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[Clinton]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[FDR]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[George Bush]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[Jimmy Carter]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Richard Nixon]]></category>
		<category><![CDATA[RTC]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2426</guid>
		<description><![CDATA[The default belief  of our economic history of the last 100 years has been an acceptance of the dynamic growth of capitalism punctuated by excesses of market greed that have to be corrected by the singular wisdom of government regulation.
On closer examination many of those moments of market greed and excess look more like incompetent [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Replace the FDIC with the CIIC</title>
		<link>http://www.rebelyid.com/2010/02/replace-the-fdic-with-the-ciic/</link>
		<comments>http://www.rebelyid.com/2010/02/replace-the-fdic-with-the-ciic/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 09:00:17 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[CD's]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Consumer Investments]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Federal Agency]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2328</guid>
		<description><![CDATA[Here is an idea for our times.
We create a Federal Agency called the Consumer Investment Information Corporation.
It is funded by a fee on all banks and institutions needing an independent investment rating.
It is governed by nine people; three selected from each political party representative group in the Congress, and another three selected from the first [...]]]></description>
		<wfw:commentRss>http://www.rebelyid.com/2010/02/replace-the-fdic-with-the-ciic/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Other Side of the Microphone</title>
		<link>http://www.rebelyid.com/2010/01/the-other-side-of-the-microphone/</link>
		<comments>http://www.rebelyid.com/2010/01/the-other-side-of-the-microphone/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:49:49 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Foreign policy]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Clinton]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Frank Raines]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2788</guid>
		<description><![CDATA[
Wall Street&#8217;s financial leaders have been paraded before Congress to explain their efforts to restore stability to our financial system. Obama has turned on the populist spigot to demonize Wall Street to justify bigger taxes and fees and hip shot regulation.
Wall Street deserves the scrutiny and reform is needed.  Yet this fiasco was as much [...]]]></description>
		<wfw:commentRss>http://www.rebelyid.com/2010/01/the-other-side-of-the-microphone/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Myth of Laissez Faire</title>
		<link>http://www.rebelyid.com/2009/12/the-myth-of-laissez-faire/</link>
		<comments>http://www.rebelyid.com/2009/12/the-myth-of-laissez-faire/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 09:00:55 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Financial Fiasco]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[John Norberg]]></category>
		<category><![CDATA[Jonah Norberg]]></category>
		<category><![CDATA[Laissez-faire]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2365</guid>
		<description><![CDATA[
The quasi-governmental institutions Fannie Mae and Freddie Mac guaranteed  mortgages, which Wall Street happily securitized once the credit rating agencies- which had been given a legally protected oligopoly by the government-declared them to be safe investments.  Government owned banks and municipalities across the world bought mortgage- backed securities like never before.
The central position of Fannie [...]]]></description>
		<wfw:commentRss>http://www.rebelyid.com/2009/12/the-myth-of-laissez-faire/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unlimited Fannie Mae</title>
		<link>http://www.rebelyid.com/2009/12/unlimited-fannie-mae/</link>
		<comments>http://www.rebelyid.com/2009/12/unlimited-fannie-mae/#comments</comments>
		<pubDate>Sun, 27 Dec 2009 12:59:34 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Barney Frank]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SIPC]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2531</guid>
		<description><![CDATA[In several past postings reviewing the recent financial meltdown, I have noted the pivotal role played by Fannie Mae.
A toxic mix of arrogance and incompetence infected Wall Street.  Bad political, monetary, and tax policy inflated the housing market bubble.  But without the assurances of Fannie Mae, the ratings agencies and market makers would not have  [...]]]></description>
		<wfw:commentRss>http://www.rebelyid.com/2009/12/unlimited-fannie-mae/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Seeds of our Next Crisis</title>
		<link>http://www.rebelyid.com/2009/10/the-seeds-of-our-next-crisis/</link>
		<comments>http://www.rebelyid.com/2009/10/the-seeds-of-our-next-crisis/#comments</comments>
		<pubDate>Tue, 06 Oct 2009 09:00:14 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Anti Semitism]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[bubbles]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[lobbyists]]></category>
		<category><![CDATA[Moodys]]></category>
		<category><![CDATA[Moral Hazard]]></category>
		<category><![CDATA[S&P]]></category>
		<category><![CDATA[Union Card check bill]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=1781</guid>
		<description><![CDATA[One of the most intriguing concepts of economics is the concept of &#8220;moral hazard.&#8221;  It is a corollary to a more obvious principle that everything has a cost. An understanding of it is critical for those whose world view is a never-ending series of crisis that demand a government solution.
Insurance, for example, encourages the risk [...]]]></description>
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		<slash:comments>0</slash:comments>
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