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Recs

6

The TARP is like a blanket, only it isn't warm.

November 19, 2008 – Comments (2)

I've been hearing a lot of outrage on the news outlets regarding Paulson's change of plan with TARP.  Apparently, people wish Treasury would just buy a couple hundred billion dollars worth of  "troubled assets" (at any price) and go about their merry way.  I wonder if these are the same people that were so concerned about what the government would be paying for troubled assets when the idea of TARP was being floated a few months ago.  [more]

Recs

13

Still Dumbfounded

July 29, 2008 – Comments (3)

For the record, and notwithstanding what it would do to my CAPS score, I would love nothing more than a speedy recovery from the recession, for a Dollar to be worth more than a Euro, for inflation to ease, and for unemployment to go down to 4% or so.  Furthermore, I firmly believe that, someday, all of these things will happen - other than the part about the Dollar being worth more than the Euro.  [more]

Recs

6

WTF?!?!?

July 23, 2008 – Comments (1)

The title of this blog says it all, really.  Oil drops a few measly bucks and suddenly everything is rosy?  Are you kidding me?    [more]

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