Why the Fiscal Cliff is Called the Fiscal Cliff

Over at the Financial Times Cardiff Garcia has a great explanation about who coined the "fiscal cliff" (Ben Bernanke), why it has stuck, and why it's a dumb name ("If policymakers don’t work out a solution by January 1st, the harm is not immediate. Nor is it irreversible, nor is it even all that perilous at first.")

Romney Makes All Our Other Presidents Look Poor

Mitt Romney—how rich is he, really? The answer to that question can be found in these three graphs comparing his wealth to that of our last five presidents (you know, just normal middle-class dudes). No comparison, would be how to describe the graphs in two words. Insane, would be how to describe them in one. LOLOLOLOL, would be how to describe them on the internet.

What’s a Losing Candidate to Do?

Also, Mr. Romney, if you're reading this, you are welcome to write for The Billfold. Maybe an "Ask a Rich Person" column, or whatever you want! We're open to suggestions and viewpoints here.

Politicians Pay Their Taxes

Oh, how lovely it is to read about what our government officials are paying in taxes.

Don’t Forget You Were Mad at People Like Romney

Remember when everyone was angry at Wall Street four years ago for creating a toxic culture of greed that put us on a direct path to a financial crisis? Rolling Stone would like to remind us that Mitt Romney was a part of that toxic culture.