Just a Thursday...
Clearing out some tabs I've had open in Firefox for a few days now:- Chris Dodd's got his shite together re: the Wall Street mess
- youtube: Play the Wall Street bailout game
- How we all - Boomers, GenX-ers and GenY-ers got pwned by the Wall Street debacle
- related to above: definition of HELOC and now we know why they all dried up earlier this year
- Just read Angry Bear, Bonddad and The Big Picture, even if you do not understand all the econotalk
- Reactions to McCain "suspending" his campaign and wanting out of the debate tomorrow
- Are iPods this temperamental? I'm new to the whole iPod thing...
- And, great quote re: the bailout thing -
"We will be told that the Federal Reserve and the Treasury have finally gotten it right. The scope and size of the proposed program will arrest the decline in home prices, restore stability to the financial markets, enable banks to get back to the business of lending, and restore the confidence of the American consumer.
While the program certainly has each of these points as a goal, the amount of time to achieve each goal is unknowable, but an important factor. Moses was told he would lead the Jews to the Promised Land. He didn’t know it would take 40 years. And, in all due respect to Bernanke and Paulsen, Moses was working with God. They are working with Congress."
-Jim Welsh, Welsh Money Management
Labels: 2008 Elections, Angry Bear, Bonddad, dailykos.com, economy, John McCain, macroeconomics, Spending, The Big Picture
posted by jimboses @ 1:12 PM
0 Comments:
Post a Comment
<< Home