Farewell. The Flying Pig Has Left The Building.

Steve Hynd, August 16, 2012

After four years on the Typepad site, eight years total blogging, Newshoggers is closing it's doors today. We've been coasting the last year or so, with many of us moving on to bigger projects (Hey, Eric!) or simply running out of blogging enthusiasm, and it's time to give the old flying pig a rest.

We've done okay over those eight years, although never being quite PC enough to gain wider acceptance from the partisan "party right or wrong" crowds. We like to think we moved political conversations a little, on the ever-present wish to rush to war with Iran, on the need for a real Left that isn't licking corporatist Dem boots every cycle, on America's foreign misadventures in Afghanistan and Iraq. We like to think we made a small difference while writing under that flying pig banner. We did pretty good for a bunch with no ties to big-party apparatuses or think tanks.

Those eight years of blogging will still exist. Because we're ending this typepad account, we've been archiving the typepad blog here. And the original blogger archive is still here. There will still be new content from the old 'hoggers crew too. Ron writes for The Moderate Voice, I post at The Agonist and Eric Martin's lucid foreign policy thoughts can be read at Democracy Arsenal.

I'd like to thank all our regular commenters, readers and the other bloggers who regularly linked to our posts over the years to agree or disagree. You all made writing for 'hoggers an amazingly fun and stimulating experience.

Thank you very much.

Note: This is an archive copy of Newshoggers. Most of the pictures are gone but the words are all here. There may be some occasional new content, John may do some posts and Ron will cross post some of his contributions to The Moderate Voice so check back.


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Friday, June 24, 2011

Greek Debt and Credit Cards

By Dave Anderson:


One of my informal self-credit tracking methods I use is I keep track of the credit card offers I receive via junk mail.  When I was out of work, I either was not receiving offers or I was receiving offers for 24% to 28% APRs with high annual fees.  As I returned to work and have been able to get my family's head above water, I am receiving offers for no annual fee, 0% for the first year on all balance transfers and 12% to 15% APR after that.  I'm still not taking those offers as I don't need them, but it is nice to see that my credit risk profile has improved. 


Calculated Risk has Greek debt rates and they are a worse credit risk according to the markets than I was when I was out of work:


The Greek 2 year yield was up to 28.6% today. The ten year yield was up to 16.9%.


Time to threaten to default and make it the banks problem instead of exclusively a Greek problem. 



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