World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.
All Topics Links
The NYT editorial questions the wisdom of letting banks like JP Morgan and Goldman Sachs repay government money.
04/26/2009
The heavy lobbying by the banks may skew government decisionmaking, says the NYT, and lead to poor decisions. Banks still face losses in commercial real estate, and the higher unemployment and its effect on the economy could adversely affect their balance sheets.
Linked Articles
New York Times 04/26/2009
Payback TimeNew York Times 06/11/2009
In the two areas that government can make aserious difference, foreclosure prevention and bank lending it is failing.
04/15/2009
The government has only indirect influence over the other important variables in the equation for economic recovery, consumption and employment. Through foreclosure prevention and bank lending it can influence consumption and employment. Obama's program while admirable may simply fall short of what is required. Through asimple takeover of insolvent banks the administrationcan implement its own programs for goreclosure prevention and aggressive bank lending at attractive rates, but this has to be done early before business go into permanent retrenchment mode and consumers simply revert to a frugal lifestyle of an earlier generation.
Linked Articles
Lending By Bailout Recipients Falls Again
Washington Post 04/16/2009
Banks Ramp Up ForeclosuresWall Street Journal 04/15/2009
The NYT has a different view of the G-20 summit than Pearlstein in the Washington Post.
04/03/2009
NYT editorial says the summit came up short on strong global regulation and on the Stimulus for Europe.
Linked Articles
New York Times 04/03/2009
Steven Pearlstein - A Rare Triumph of Substance at the SummitWashington Post 04/03/2009
Interest rate swap contracts sold by banks to the city of Detroit in 2005 and the "kiko" derivative contracts sold by banks to exporters in S. Korea before the 2008 global financial crisis
04/03/2009
The huge losses suffered by Detroit and by exporters in S. Korea and how the issues raised were handled in the two places. What takes precedence fairness or contracts, how much of a contract has to be intelligible to the investor and the broader question of why banks needed to write such contracts or conduct business in this way which could hurt their reputation. An example is given by Floyd Norris of NYT where Bankers Trust reputation suffered badly in 1994 for selling such contracts to P&G.
Linked Articles
New York Times 04/03/2009
'Safe Harbor' in Bankruptcy Upended in Detroit CaseNew York Times 12/23/2013
Reinhart's view that the Geithner Public-Private Investment program won't work
03/24/2009
Reinhart, joins Peter Eavis, Rosenfeld and Krugman, in view that this won't work. He thinks the government is just buying time for a favorable opportunity to take stronger action. It may be engaging in this circuitous roundabout plan as away of saying that we tried aprivate sector solution. Krugman warns though that time is running out with the job loss numbers.
Linked Articles
New York Times 04/06/2009
Why Congress Will Kill the Bank RescueWall Street Journal 03/24/2009
The labor underutillizzation rate may hit 10% in 2010. This is the number to watch because of deepseated changes in the labor markets.
03/09/2009
This raises a number of questions about the economic recovery and calls for new initiatives in retraining and government assistance for companies to hire and retrain.
Linked Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Jobless Scars Will Outlast the RecessionWall Street Journal 03/09/2009
Politicians who deride "mere spending programs" may have not got it right.
02/15/2009
Republicans in the House, with every single one voting against the Stimulus bill, have derided government spending as wasteful and unnecessary. The impact on the deficit makes it look sensible. However on closer examination Robert Frank, a Cornell economist, points out that in some situtations like this government spending can be not wasteful but productive and efficient, and necessary.
Linked Articles
Go Ahead and Save. Let the Government Spend.
New York Times 02/15/2009
In Gingrich Mold, a New Voice for Solid Resistance in G.O.P.New York Times 02/15/2009
America's situation may be worse than Japan's because of the combination of household debt and toxic assets.
02/12/2009
Household debt at 96% of GDP is an additional problem that America faces in addition to toxic assets, that may make the American crisis worse than Japan's lost decade or two.
Linked Articles
Economist 02/12/2009
Frugality Forged in Today's Recession Has Potential to Outlast ItWall Street Journal 04/06/2009
Gaza Strip then and now six years later, 2009 and 2015- an intractable conflict leaves 1.8 million Palestinians no closer to normal life
01/09/2009
Linked Articles
Despair and a Defiant Smile in a Gaza Hospital
New York Times 01/09/2009
Gaza Strip Economy on ‘Verge of Collapse,’ World Bank SaysNew York Times 05/22/2015
The West and policies towards Russia- (1) Kennan, Gates, Nurick and Allison on American policy in 2015-2016
01/05/2009
Linked Articles
In Cold War Echo, Obama Strategy Writes Off Putin
New York Times 04/19/2014
Pentagon Chief Sees Opportunities In Russia and the War on TerrorismWashington Post 01/05/2009
Money managers Grantham, Rodriguez and Scheiff fears about the economy and IMF Chief Economist Rajan's concern.
01/02/2009
Raghuram Rajan of the University of Chicago, told the 2005 annual Jackson Hole gathering of central bankers economists and finance professionals, that he thought the world had become much riskier with the changes in financial markets in the 18 year Greenspan tenure. He was received rather coldly by others, including former Treasury Secretary Summers. Concerns expressed by Grantham, Rodriguez and Scheiff about these and other problems became louder by the time of the Rajan paper at Jackson Hole.
Linked Articles
Mr. Rajan Was Unpopular (But Prescient) at Greenspan Party
Wall Street Journal 01/02/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
What the best way to get results for the stimulus, the view of state governors, and of green project advocates.
12/24/2008
Views of state governors and green advocates on how best to attack the problem raised for stimulus spending that would work to meet short term job goals and longer term goals for energy and transportation to meet sustainability criteria and design better ways to live and work.
Linked Articles
For Stimulus Plan, Obama Team Weighing 'Green' Jobs vs. Traditional Projects
Washington Post 12/24/2008
Jon S. Corzine - A Bold Stimulus Package -- $1 Trillion Bold -- Is NeededWashington Post 12/24/2008
Struggle for civil rights and financial rights of women in the U.S. Deep South- Linda Boggs and Rutha May Harris
11/05/2008
In Louisiana, Arkansas, Mississippi, Georgia and other states of the Deep South women's rights and civil rights for black people were a result of decades of effort by women like Linda Boggs and Rutha May Harris, hard work against entrenched prejudice with many setbacks and resilience towards adversity, compared to the soft work of campaign strategy, image making, polling and fund raising of today.
Linked Articles
A Time to Reap for Foot Soldiers of Civil Rights
New York Times 11/05/2008
Ex-Congresswoman Lindy Boggs Dead at 97Wall Street Journal 07/28/2013
A word of caution about the recovery. Expert opinion that sees dangers in the recovery of 2nd quarter 2009.
04/21/2009
It may only be a glimmer of hope says the Economist and not the real thing, which may be a long ways away.
Linked Articles
Economists Seek Breakup of Big Banks
Wall Street Journal 04/21/2009
A glimmer of hope?Economist 04/23/2009
U.S. president Obama and Hispanic immigrants- promises, hope and reality 2008-2015
04/09/2009
Linked Articles
Obama to Push Immigration Bill Despite the Risks
New York Times 04/09/2009
The Giant U.S. Deportation Machine Runs AmokWall Street Journal 10/28/2013
Krugman and the editors of NYT see the G-20 coming out short in addressing the crisis.
04/03/2009
The Europeans failed top support the USA in the push for strong stimulus and global regulatory reform is still uncertain. About $1.1 trillion for supporting trade and the IMF, with IMF asked to promote social help in emerging countries in addition to fixing finances.
Linked Articles
New York Times 04/03/2009
The Economic SummitNew York Times 04/03/2009
The different positions taken by the Europeans and the US and Britain at the G-20 summit.
04/02/2009
The different positions taken by the US and the Europeans and the thinking and culture behind each position.
Linked Articles
Steven Pearlstein - A Rare Triumph of Substance at the Summit
Washington Post 04/03/2009
Obama Hits Resistance at G-20Wall Street Journal 04/02/2009
Ted Truman, a seasoned veteran, helps Geithner with the G20 meeting and calls for bigger stimulus spending.
03/13/2009
Ted Truman is aforceful advocate for bigger stimulus spending at the upcoming G20 meeting. In a memo to Geithner he has toughened up the US position on this in advance of the G20 meeting in the UK on April 2, 2009.
Linked Articles
Split on a Cure for Recession, Leaders Try Three Efforts
New York Times 03/15/2009
Geithner Hires a Seasoned 'Temp'Wall Street Journal 03/13/2009
Krugman thinks no early action to takeover insolvent banks will prolong this crisis, the President wants to "do no harm" by undermining confidence.
03/06/2009
Krugman thinks that this crisis could go on for adecade if no actions are taken to takeover insolvent banks before the situation worsens. THe President in his speech at Georgetown, on April 13, says he has not acted preemptively, not out of coddling these banks and their management, but becuase he did not want to undermine confidence. It suggests the President has moved quickly on many fronts, and he may be taking a pause to take stock of the situation and how to improve public support, before thaking on this issue and a number of others in the next round.
Linked Articles
BusinessWeek 04/14/2009
The Big DitherNew York Times 03/06/2009
Cornell's Frank points out that savings may be good for America once they are chanelled into investment.
02/15/2009
For this to happen some of the excess household debt from the number 96% of GDP, that household debt in the USA has reached, has to be shaved off. This is happening as Americans are shifting to becoming debt free in their finances. This affects consumption through the paradox of thrift. But says Prof. Frank this is OK, as the government steps in in the meantime to give the boost to the economy, till consumers recover from debt. Future savings can then be channelled into new productive investment for modernization's next phase, just as China and India are doing.
Linked Articles
Imbalance in Nations' Savings Clouds Forecasts for Recovery
Wall Street Journal 03/23/2009
Go Ahead and Save. Let the Government Spend.New York Times 02/15/2009
Bonuses, executive compensation and performance in the UK, public outcry.
01/20/2009
The executive compensation and bonus situation in the UK. RBS and othe banks and the public outcry. As RBS shares drop to 12 pence or less than the price of a candy bar, loss for 2008 is 28 billion pounds, and the British government comes up with $20 billion pounds of government money for RBS and takes 70% ownership, reports in the Sunday Telegraph suggest executives plant to handout $1 billion in bonuses. How?
Linked Articles
U.K. Boosts Its Bailout As Bank Losses Rise
Wall Street Journal 01/20/2009
British Official Plans a Review of Bonuses After OutcryNew York Times 02/09/2009
An Alternate View of U.S., and EU relations with Russia from Gates and German public opinion
01/05/2009
A look back at former Defense Secretary Gates views about Russia in the larger context of the postwar years and what it is today, including Georgia (and Crimea) and other issues. A similiar perspective fom the German side as seen by former chancellor Kohl, Merkel, Schroeder, and Ischinger, going back to the days of Wily Brandt. Brandt was Mayor of West Berlin in the period of enormous tensions between the Soviets and the Federal Republic during the sixties and later initiated the policy of constructive engagement.
Linked Articles
Pentagon Chief Sees Opportunities In Russia and the War on Terrorism
Washington Post 01/05/2009
Germany's Angela Merkel Treads Softly With Russia's Putin On UkraineWall Street Journal 04/08/2014
Te Capps and the Muirs in Boise, Idaho, and the national savings rate.
01/02/2009
How the Capps and the Muirs, two couples in their thirtes and forties and their families are scrimping and saving like older generations of Americans. The implications of this for the national savings rate which is forecast to reach 10% by Goldman Sachs in 2009. What this means for consumption spending according to Rodriguez, and why the economy may be setting up for a longer downturn approaching ten years.
Linked Articles
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes
Wall Street Journal 01/06/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
The paradox of low U.S. productivity growth holding back wages in 2015-2016 (1) - Apple Google, Facebook and low productivity improvement since 2005
12/31/2008
Linked Articles
Whatever Happened to Silicon Valley Innovation?
BusinessWeek 12/31/2008
The Big MehNew York Times 05/25/2015
The collapse of the consumer debt market in October 2008 and the Fed's response.
11/26/2008
The collapse of consumer debt market and the collapsing sales of automakers especially GM, and the need to revive the sale of consumer debt securites which in turn revives lending. But higher credit scores and consumer and bank fears may still keep demand in a contimuing slide.
Linked Articles
U.S. Consumer Loan Aid Will Trickle Only So Far
New York Times 11/27/2008
Fear Recedes in the Debt MarketsWall Street Journal 11/26/2008
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us