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29 Nov 08
The End of Wall Street's Boom - National Business News - Print - Portfolio.com
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“ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
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“ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
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27 Nov 08
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Our standard of living must decline to reflect years of reckless consumption and the disintegration of our industrial base. Only by swallowing this tough medicine now will our sick economy ever recover.
ABC News: Financial Bailout Balloons to the Trillions
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half the value of all the goods and services produced in the United States last year.
18 Nov 08
Robert J. Samuelson - Robert J. Samuelson: How to Bail Out General Motors - washingtonpost.com
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an initial job loss of 2.5 million.
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American production would virtually stop until new supplier arrangements emerged.
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08 Nov 08
YouTube - Peter Schiff 051108 - Obama = print print print print print
Paraphrase: "Unless you're very rich, you won't retire." "The dollar just won't survive."
07 Nov 08
William Isaacs: another dope | AccMan
Read the second quote...the story of the Bailout is all there.
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