September 20, 2008
– Comments (4)
Who said you can't read a lot of drama when reading a "dreary" old news story...
Thanks for the link! I was shocked to find that one of the people quoted in the article was my economics teacher last year. It's a small world...
nice piece of reportage... throw a rock in the lake and watch the ripples.
so we've had about 1-2 trillion in pledged bailouts this year deb. all of this money is printed out of thin air.
still feeling deflation?
btw if you think obama or mccain are different, no way - obama is going to be FDR2, and McCain will be Nixon2, difference being mccain will overspend on wars while obama overspends on infrastructure.
What options we have for president! And DD, that is only the amount of pledged bailouts, think about how big that number can potentially get. Afterall, the government didn't place limits on the amount of money they can inject into fnm/fre etc...We could be in for a lot more unfortunately.