November 19, 2008 –
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]
July 29, 2008 –
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]
July 23, 2008 –
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]