HiThere

3 Key Steps to Fix This Fiasco

Burning Down the House
www.youtube.com/watch?...

The Secret Villain Behind Our Economic Collapse

"Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter-
by peaceful or revolutionary means-into making the laws."
Frederic Bastiat
Madison and the others assumed that a democratic majority would never be attained and that was their defense of a strong central government. Wake up.

Hoping Paulson's Plan Works Is Not a Plan

The "bottom" and "middle" cannot return what they do not have. So, the top will?
If you want to bring politics into it-who is trying to slow it down?
And for good reason I may add.

Wall Street Bailout: Making a Deal With the Devil

Kudos to all involved who have tried to slow it down.
Too many are focused on current position and immediate gain-
Mark to Market is showing something, not causing it.
We are being sold a bill of goods-we have been stagflating or there would have been no need to borrow. Boom fed by credit expansion and the answer is to extend more credit? With wages and fixed income flat or declining and credit tightening... We are missing an opportunity to really shake this thing out.

Is the $700 Billion Really for Bailing Out the Fed?

"marked to market accounting". -I'm glad someone brought that up.
<The piecemeal approach using slide rules and models to effect trickle up or down is causing disorder>
The FED isn't a Federal Agency

Is the $700 Billion Really for Bailing Out the Fed?

Hilarious. Someone please hand the German Minister a dictionary so he can look up "Anglo-Saxon" (Give you a hint , it doesn't mean American)-There seems to be a bit of "panic" coming out of that region. And YES, we should get equity from those banks.
Who is to blame? Everyone and noone. Germany isn't clean by any means. Drilling ban expire? Interesting turn of events for sure.