Correlation is Not Causation, Part 1,345,649,303 Social Science Statistics Blog
liberty central’s civil liberties villain of the week: The Pentagon’s privilege review team Guardian. Police state watch:
Lawyers for Binyam Mohamed face the incredible prospect of a six-month jail sentence in America after writing a letter to President Obama detailing their client’s allegations of torture by US agents.
More Glib Press on FASB Housing Wire versus How the FASB aids and abets obfuscation by wonky zombie banks Willem Buiter
Equity-Bond Disconnect Redux Michael Panzner
Fed in Congressional Crosshairs — Part I WSJ Real Time Economcs
Fed Struggling to Win Over Investors Wary of ‘Sharks’ in TALF Bloomberg. Note that Tyler Durden had concluded that the most to be actually taken down on the TALF was vastly lower than the $1 trillion on offer, and he concluded its old $200 billion would probably have been sufficient. Nevertheless, this looks to be another Treasury Department miscue.
Antidote du jour: