Taxes will soar in credit crisis Times Online
The housing meltdown: Why did it happen in the US? Menzie Chinn
Oppose The Treasury’s Bailout Plan David Merkel
Ambac Setback Scurvon Investing. In case you’ve been too distracted by the bailout headlines to notice this one….
Truth & Reconciliation Steve Waldman
Sorry to have been thin on links the last two nights. I have had huge Internet problems that will not be resolved until Monday at best. Broadband modem not synching, no cellphone signal here (yes, Virginia, there are places in the US, even some very nice ones, with no cellphone access), so I am mooching off an open access point with a pretty erratic signal.
Antidote du jour: