Tag: Bush’s Fubar Economy

Laid Off By Lehman: One Broker’s Story

Filed in National by cassandra_m on October 19, 2008 • 6 Comments

Too damn funny — [youtube]http://www.youtube.com/watch?v=mjX6aKLy2N4[/youtube] h/t The Big Picture

Bailout Nation — The News You May Have Missed This Week

Filed in National by cassandra_m on October 11, 2008 • 35 Comments

I know many of us were glued to the stock market numbers this week, there was probably good financial information that you missed: Joseph Stiglitz assesses the political and policy landscape that got us here. This is a Must Read. The Lehman credit default swaps auctions this week value those at 8.625 cents on the […]

Best Advice All Week, I Think

Filed in National by cassandra_m on October 10, 2008 • 1 Comment

h/tThe Big Picture

(Edited) Why It’s Not Over, Part III

Filed in National by cassandra_m on September 30, 2008 • 21 Comments

The end of the series and where I get into the really wishful thinking. Ever since the meltdown a week or so back, economists and Wall Street analysts have been thinking and talking about a variety of alternatives to the Paulson plan and fortunately for me, these people have been writing all over the internet. […]

Why It’s Not Over, Part II

Filed in National by cassandra_m on September 29, 2008 • 5 Comments

OK, this is just funny and we need a breather, but no one with any management skills at all tries to quell a real crisis this way. More seriously, if I were a Nobel Prize winning economist this is what I would have to say about the Paulson business. As they say, read the whole […]

Comment Rescue — Why It’s Not Over, Part I

Filed in National by cassandra_m on September 29, 2008 • 12 Comments

One of my favorite commenters, Not Brian, writes cogently and points the way to something other than print Treasuries thinking in this thread. I’m reposting the full text here because you should read the whole thing: The market is a short term (down to the second when open) barometer of the price one party will […]

Bailout Nation — the Latest Deal

Filed in National by cassandra_m on September 28, 2008 • 2 Comments

So after John McCain went to DC last week to collect his credit for the prior deal (and certainly without having one of his own), the news today is that there is apparently a new framework for a new bailout deal: The total is still $700 billion, but is structured to allocate in 3 phases […]

From the Department of Stuff We Would Have Told You For Free

Filed in National by cassandra_m on September 28, 2008 • 3 Comments

“The last six months have made it abundantly clear that voluntary regulation does not work.” -Christopher Cox, Chairman Securities and Exchange Commission in NYT last Friday More from the same article: “The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for […]

Republican Talking Point Smackdown — Freddie Mac and Fannie Mae Are Not Responsible for the Meltdown

Filed in National by cassandra_m on September 28, 2008 • 11 Comments

John McCain has been talking this bit of idiocy up ever since his call to fire the Chairman of the SEC landed like a dud. It has been taken up by the wingnut media for dissemination to their aggrieved and credulous constituencies. Let’s take a look at why this talking point is complete bull and […]

Leadership involves more than just showing up (or not showing up)

Filed in National by pandora on September 26, 2008 • 6 Comments

McCain swooped into Washington yesterday in the name of “Country First”. Now, I’m not sure I’m for the bailout or against it, but guess what? Neither is McCain. Seriously, where does he stand on this bailout? What is his plan? A statement from the campaign of Sen. John McCain, R-Ariz.: “At today’s Cabinet meeting, John […]

Deal

Filed in National by cassandra_m on September 25, 2008 • 13 Comments

Apparently done. Apparently bipartisan altho another report I read had some hedging language from a Republican negotiator. Read it and tell us what you think. And done and announced before the White House meeting.

In Which We Are Reminded The Real Meaning of Country First

Filed in National by cassandra_m on September 25, 2008 • 8 Comments

The important thing is for the American project to go on: Today is September 24. On this day in 1864, Abraham Lincoln presided over a country at war with itself and a party split to its roots over the question of how to plan for the nation’s reconstruction—to such an extent that on this day, […]

Questions that are keeping me up at night

Filed in National by pandora on September 24, 2008 • 21 Comments

Should we pay the 700 billion? In the end, who gets the money? If we don’t pay, what happens? If we do pay, what happens? Is 700 billion enough? Or just the tip of the iceberg? Thoughts?

Tag: Bush’s Fubar Economy

Laid Off By Lehman: One Broker’s Story

Bailout Nation — The News You May Have Missed This Week

Best Advice All Week, I Think

(Edited) Why It’s Not Over, Part III

Why It’s Not Over, Part II

Comment Rescue — Why It’s Not Over, Part I

Bailout Nation — the Latest Deal

From the Department of Stuff We Would Have Told You For Free

Republican Talking Point Smackdown — Freddie Mac and Fannie Mae Are Not Responsible for the Meltdown

Leadership involves more than just showing up (or not showing up)

Deal

In Which We Are Reminded The Real Meaning of Country First

Questions that are keeping me up at night

Of all the fines levied against him, how much will Donald Trump actually pay?

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