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Corpus Callosum is written by a psychiatrist at a small community hospital somewhere in midwestern USA. Email to cc.scienceblogger at gmail dot com.


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Krugman Wins Nobel; Markets Rally

Paul Krugman was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.   “It’s been an extremely weird day, but weird in a positive way,” Mr. Krugman said in an interview on his way to a...

Will People Really Vote Based On the Economy?

In this video, Hannity tells us the economy is in fine shape, wonders if it is reasonable to think that people would really vote against the Republicans due to the economy. Granted, it was a month ago, at which time...

Bailout 2.0 is Upon Us

From London Banker: "The problem with financial institution balance sheets is that on the left hand side nothing is right and on the right hand side nothing is left." It's pretty obvious that financial institutions are struggling.  We've had 16...

SEC Chair: Voluntary Oversight Does Not Work

Large Wall Street independent investment banks had a nice thing going.  Because much of what they did was not depository banking, there was little Federal oversight.  Instead, the SEC let them run voluntary oversight programs. Now, the SEC chairman, Christopher...

Shadow Banking System Unravels: Explains Bailout Timing

No, this is not a conspiracy hypothesis.  There really is a shadow banking system.  There is even a Shadow Financial Regulatory Committee (although the Committee is really a study group, not a regulatory body of any sort).   The System...

Mental Health Needs Increasing

The economic crisis is reported to be responsible for a recent increase in calls for mental health services: Economy worries driving more people to seek help By ROB WATERS and DAVID OLMOS September 20, 2008...

Toxic Waste, Biodefense Lab in Galveston

Within the past few days, I've noticed quite a few bloggers and news writers make comparisons between the hurricanes and the financial meltdown.  It just occurred to be that there is another facet to this analogy.  This has to do...

What Ike Really Means; Introducing Integrated Kinetic Energy

There have already been several posts about hurricane Ike on Scienceblogs (1 2 3 4 5 6 7), but so far I haven't seen anyone put the whole picture together.  We still don't know exactly where Ike will hit, but...

How's That Economy Working for You?

Toward the end of last week, the US stock market declined precipitously.  Within the space of a few days, we learned that unemployment is way up, more than nine percent of U.S. mortgages were delinquent or in foreclosure, the FDIC...

Interesting Graph

Just in case you thought you were having a good day, here is a graph from the Fed that shows how much money the banks have: Don't panic.  The final number is from 1 July 2008.  I'm sure they've fixed...

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