DrGREEN

A True Drama of Wall Street

This problem created all over about oversight and Accreditation and rating (Moody, S&P).
Same think we have in colleges
Same Problem we have in the Academia. Colleges and school pays the accreditation agencies annual fees and membership.
The Accreditation Agencies for schools (LAW, Science,Business, Public Health, and so on)
Do not care about the quality of the faculty degree and backgrounds or the abuse by the administrators against students and faculty. The accreditation site visit ask the faculty as a group what do they think about the administration. In such public form the answer is always positive to avoid retaliations.
It is a Joke. The Accreditation body is looking for new members and to renew membership. the victims are the faculty and students.

7 Steps To Restore Functioning Markets

I'd use bailout money to pay for outstanding debt for consumers
(Home, Student loans, auto, credit cards)
AND make max interest charged for credit cards no more than 4 times the Fed./Discount rate.
and no more than 3 times for the home loans.
Other part of the money goes for free College education or have the college tuition to be no more than 5% of the state median income.
Last but not least outlaw home equity loans.
This way consumers will have no debt, and start buying again.
Banks will lend because consumers has no outstanding debt.

Don't Panic

the reason the administration is making this panic is simple.
The Administration is telling the Taxpayers
"Your life or your Money"

Don't Panic

the the reason the administration is casing the panic is simple.
The Administration is telling the Taxpayers "Your life or your Money"

Not a Single Canadian Bank Failed During the Great Depression

diagree!
Banks allowed to cross the state line since 1985 or so.
see what happened?
it is the moral hazarded , greed, ,,,and,,,.

Bank on Goldman - Cramer's Stop Trading! (9/22/09)

Cramer who?
did you see Jon Stewart joke?
Cramer asked us to buy Bear Stern @ $28 , two days later it dropped to $2.00

Bailouts: The Moral Imbalance

Affordable health care for all Americans has been an issue since the Truman administration. However, within the global market, health care has become a burden on multinational corporations headquartered in the United States. Furthermore, it has become more burdensome for American families. The main reason for bankruptcy in the United States is the inability to pay for medical expenses. In 2006 more women filed for bankruptcy than enrolled in colleges and universities. Most of these bankruptcies were the result of an inability to pay for health care. The United States is one of very few industrialized countries that have health insurance linked to employment. Since individuals, in collaboration with their health care providers, know more about their health than the insurance firms, the most obvious reason for this system is for the insurer to be able to insure mainly the healthy members of the population. The premise is that the healthiest members of the population are the ones who are able to work. The debate regarding health care as a right or privilege has not been substantially settled. Should public health care be treated as a right? Or is it a privilege? Should the businesses that comprise the health care industry be treated as a regulated monopoly?

Many leaders in the health care industry keep telling us that Americans do not need a health care system run or controlled by the government. Whether it is run by the government or private enterprise, people want and clearly need affordable health care.

One part of the solution for reducing the escalating cost of health care is to create a single health insurance payer or a quasi-governmental health insurance agency. The proposed corporation would negotiate drug prices and payments for hospitals and physicians and would provide malpractice insurance to health care providers. As a natural monopoly, such an insurance agency would have lower costs due to economies of scale. With a single insurer, reimbursement and billing would be standardized, which in turn would reduce the cost of services provided by hospitals, physicians, and other health care providers. This would result in an economically efficient health system, providing access to care through equitable financing, efficient supply of services, and financial sustainability.

Another key facet of the solution is to stop linking health insurance to employment. If the healthiest members of the population were permitted to obtain health insurance outside the system insuring the vast majority of the population, the costs for care of the rest of the population would be inordinately expensive. The final facet of the proposed solution is including health promotion and disease prevention services within the health insurance program. It behooves the program to have clients improve their fitness and mental/emotional well-being to avoid expensive health care services. In long run, market forces would moderate demand for health care.

Forget About a V-Shaped Recovery. Maybe a W. Or L. And What About $?

I think we are having have an "F" interacted with "G" shaped recession over the last 9 month.

Forget About a V-Shaped Recovery. Maybe a W. Or L. And What About $?

The rescue plan are nothing more than A,B,C simple step of progressive economics. However cleaning bank and other firms balance sheet is NOT enough to solve the crisis.
Citizens (sorry, we call them consumers) with students loans, debt, and 20%-30% credit card interest rate ) , can not barrow. If banks lend them any way, the cycle turn again with net results.
people lose homes due to Bidden Clinton vote for the Bankruptcy law, and banks end owning the land and homes again.
NEED to Revise the bankruptcy law again and students loans waiver law.