Posts Tagged ‘$2 Trillion

17
Jan
09

arab investors lost 2.5 TRILLION in market meltdown

the napkin math on this must roughly equal the premium they made on $100+ barrel oil over last few years…..

http://www.breitbart.com/article.php?id=CNG.21a790b26de73c80e4048954b0b52ce9.9d1&show_article=1

04
Jan
09

ny times article on the mess that-is u.s. banking

http://www.nytimes.com/2009/01/04/opinion/04lewiseinhorn.html

30
Dec
08

peter schiff on cnbc

another great discussion on what caused great depression and how to get out of current disaster.

supporting article:

http://online.wsj.com/article/SB123033898448336541.html

27
Nov
08

biggest gov’t ‘public works’ project in US history

too bad we couldn’t have spent this money on actual “things” or “stuff”. Or even better, maybe its really like getting out of college with lots of student loan debt, except that you don’t graduate and are dumber than when you started….

25
Nov
08

great visual explanation of financial meltdown

fincrisis1from The Big Picture

25
Nov
08

bailout for home construction industry???

perfect – let’s inflate yet another hollow housing bubble by building fannie/freddie on steriods.

Excerpt:

Everyone is coming to Washington with their hands out these days, and the home builders are no exception. The builders are pitching Congress on a two-hundred-and-fifty-billion-dollar stimulus package designed to lower mortgage rates (via federal subsidy) and encourage home buying (via a tax credit). Until home prices stabilize, they argue, there’s no way for the financial markets really to settle down.

http://www.newyorker.com/online/blogs/jamessurowiecki/2008/11/do-we-really-ne.html

21
Nov
08

great debate on fate of auto bailout / bankruptcy

part 1

part 2

21
Nov
08

peter schiff does impromptu lecture for cnbc kids

21
Nov
08

world leaders get last laugh

19
Nov
08

george will says let detroit go bankrupt

read this today…scathing article by george will on auto industry…he recommends bankruptcy then a merger/restructuring of remaining carnage…kind of similar to what bill ackman recommends (link to his bil moyers interview here)

Link to article:

http://www.washingtonpost.com/wp-dyn/content/article/2008/11/17/AR2008111703101.html




rss feed (click icon below)