Daily Archives: October 5, 2008 @ 10:19 am (Sunday)

CNBC: Government in way over their heads as earnings estimates are lowered

[Skip to the end] Things have come apart very quickly as government officials have demonstrated they are in this way over their heads. Especially as it becomes clear the enormous efforts expended to get the TARP passed will do little … Continue reading

Posted in Fed, USA | Tagged |

Where do we go after these toxic assets problem?

[Skip to the end] Seems at this late hour the payroll tax adjustment is about all that can get the job done to immediately support demand. Yes, the banking model is to make loans to individuals and business that become … Continue reading

Posted in Banking, Politics, Proposal | Tagged , |