blogging sporadically since…what? 1998?
Posted in economy, Government, On the Net on Oct 7th, 2008
I’ll try to post some interesting things around the web I’ve found that do a good job of explaining what’s been going on recently. This American Life, The Giant Pool of Money. Very interesting, a few months old. Describes why the banks started to make so many loans to people that probably wouldn’t pay them […]
Posted in Christian, economy, Government, On the Net, politics on Sep 23rd, 2008
Dave has a plan for the bailout. It’s almost an 8 minute audio clip, but very interesting. He’s saying we can change a law that lets these mortgages become marketable again…the “mark to market” law in Sorbanes Oxley, I believe. The government can insure these mortgages and that lets them become saleable again. It’d be […]
Posted in economy, Government on Sep 23rd, 2008
The best comment I’ve read today about the oil/bailout stuff today is from badbanana on twitter: The price of oil has jumped a one-day record amount due to anxieties caused by the financial bailout designed to alleviate anxieties.