October 2008
19 posts
Bankruptcy, not bailout, is the right answer -... →
…Bankruptcy does not mean the company disappears; it is just owned by someone new (as has occurred with several airlines). Bankruptcy punishes those who took excessive risks while preserving those aspects of a businesses that remain profitable. In contrast, a bailout transfers enormous wealth from taxpayers to those who knowingly engaged in risky subprime lending. Thus, the bailout...
Why I'm a Libretarian.
Dems have no small part in this mess… in ‘99, Clinton Administration encouraged Fannie Mae to take on more sub-prime loans…
The New York Times was breathless:
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other...
September 2008
24 posts
“Given the past week, the debate should have been a cinch for Obama. But, just as...”
– Op-Ed Columnist - Sound, but No Fury - Op-Ed - NYTimes.com
WatchM83 - live.
amazing.
WatchSNL - Palin / Hillary
Scary because it feels so real…
“It’s going to be part of the president’s job to be able to deal with more than...”
– Barack Obama (via election08)
The Bailout, as proposed, is a Travesty
“While it is certainly in the public interest to avoid the dislocations that would result from a disorderly failure of highly interconnected financial institutions, there are better ways for public funds to accomplish this, other than by protecting corporate bondholders while homeowners remain in distress… The stockholders and bondholders of the company itself should be the first to...
“This is America. Pick a job and then become the person that does it.”
– Bobbie Barrett, Mad Men (via peterwknox)
“[McCain] said that he is calling for the firing of the Security and Exchange...”
– Barack Obama (via chuckmore, soupsoup, mikehudack) (via marco)
8 tags
“So what is this house advantage the Republicans have? It’s the press....”
– Adam McKay: We’re Gonna Frickin’ Lose this Thing
“Sarah Palin does not believe in evolution. I take this as a metaphor. In her...”
– Eve Ensler: Drill, Drill, Drill (via fred-wilson)
“What is it they hate? Guiliani and Palin both made it pretty clear: community...”
– Douglas Rushkoff (via fred-wilson) (via rafer)
“This is sort of the silly season in politics. Not that there’s a non-silly...”
– Barack Obama (via caro)
“You can drown in opportunity. We all have this aversion to finishing work...”
– - Marc Cuban
Michael Moore on Sarah Palin →
laureola:
sailingonthesea:
“But before everyone gets all smug and self-righteous about the Palin selection, remember where you live. You live in a nation of gun owners and hunters. You live in a country where one out of three girls get pregnant before they are 20. You live in a nation of C students. Knocking Bush for being a C student only endeared him to the nation of C students. Knock Palin...
“Every second of this campaign not spent talking about the Republican Party’s...”
– Arianna Huffington: Sarah Palin: A Trojan Moose Concealing Four More Years of George Bush (via wiesen) (via peterwknox)