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Its the Economy Stupid (Crash and Burn Remix)

SaracenusSaracenus 671 Posts
edited October 2008 in Strut Central
Well, you will remember that rootless and I got into a minor tiff about Friedman economics and I was recommending that it get taken out back and shot in the head... well I didn't expect the Republicans to be the ones who would do it.b,121b,121In light of credit markets remaining stubbornly frozen and growing panic that serious failure of non-financial businesses is looming we are evidently going to follow the Brits in a partial nationalization of the US banking system.b,121b,121A good layman's summary is here:b,121a href="http://www.nytimes.com/2008/10/09/business/economy/09econ.html?_r=3&hp=&pagewanted=all&oref=slogin" target="_blank"1NYT: U.S. May Take Ownership Stake in Banks/a1b,121b,121Mind you this is not the full on Sweedish plan that Krugman and other economists have been suggesting but I am amazed that we are on the precipice of going part way there. Its far worse out there than I imagined.

  Comments

  • GaryGary 3,982 Posts
    /font1
    font class="small"1Quote:
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    h,121
    b,121Well, you will remember
    b,121
    b,121
    h,121
    font class="post"1b,121b,121Not really.
  • JuniorJunior 4,853 Posts
    I believe the thread title is the closest you've yet come to making a RR post. Good work.
  • skelskel You can't cheat karma 5,033 Posts
    /font1
    font class="small"1Quote:
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    h,121
    b,121I believe the thread title is the closest you've yet come to making a RR post. Good work.
    b,121
    b,121
    h,121
    font class="post"1b,121b,121it's way closer than most folks have got to RR posts over the past month
  • SaracenusSaracenus 671 Posts
    /font1
    font class="small"1Quote:
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    h,121
    b,121I believe the thread title is the closest you've yet come to making a RR post. Good work.
    b,121
    b,121
    h,121
    font class="post"1b,121b,121img src="http://i306.photobucket.com/albums/nn252/Saracenus/Politics/HailtotheChiefAlbum.jpg"1b,121b,121 1. Ashcroft's Armyb,121 2. Monkeysb,121 3. Talking Tinky-Winky Bluesb,121 4. Hail to the Chiefb,121 5. I'm Packingb,121 6. The Listb,121 7. Take Back the Nightb,121 8. Let's Keep It Straightb,121 9. John Rockerb,121 10. It's the Economy, Stupid/b1b,121 11. Picture of Jesusb,121 12. Talking Pat And Jerry Bluesb,121 13. I Am Here b,121b,121a href="http://lyricwiki.org/John_McCutcheon:It's_The_Economy,_Stupid" target="_blank"1Lyrics/a1b,121b,121Sorry I couldn't find a music link.b,121b,121Discuss.
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