Tag Archive: Bailout

Idiot Bashing

September 30, 2008 at 12:08 pm · Filed under Economics, Finance

The NYT has two excellent pieces on the current fiasco that’s been going on — What’s Worse Than a Flawed Bailout? and Revolt of the Nihilists.

Well worth reading.

Those that understand economics and those that don’t care

September 30, 2008 at 9:53 am · Filed under Economics

The NYT has a good map that shows who voted for and against the bill.

I know where I’m moving to next…

Bailout: Yes vs. No States

And thus it fails…

September 29, 2008 at 2:20 pm · Filed under Finance

…and we live in interesting times.

And thus it begins…

September 29, 2008 at 2:13 pm · Filed under Economics, Finance

The markets are scary to watch right now.

If this bill does not go through, the harm done to the markets may take a long, long time to recover.  I once made a wager with a friend that the Dow will almost certainly not hit 4 digits.

Now, I’m not so sure.