«-- Odds 'n Sods: | Main | An Invitation to the Baen's Bar Forums, by Michael Z. Williamson --»
Economics and Investing:
G.G. sent this: Rogers
Renews Bets U.S. Stocks Will Slump on Rescue.
From Brian F.: 25
People to Blame for the Financial Crisis:
Bill N. set a link to a speech transcript where a US Senator has the guts
to point
out the pork in the Stimulus Bill. OBTW, it is no wonder that the omnibus
spending
package is now widely referred to as The
Porkulus Bill.
Items from The Economatrix:
FDIC
Shutters Four Banks in One Day
Home Prices in Record Plunge in Q4
Economic
and Financial Systems Deliberately Destabilized. A key quote: "There
probably won’t be bank runs as in the 1930s. You will wake
up one morning and find you are going to receive one new dollar for 10 old
dollars
and that new dollar will be for all nations, as they all devalue and default."
Bank
of England Says UK Economy Could Fall 6%--- just three months after Alistair
Darling predicted
a fall of 1.25%
Could
Obama Turn into a Zombie President? Here is a choice quote: "They
have a plan for
a plan, but they don't really have a plan. The whole proposal is so vague as
to create new uncertainty,
and maybe
the
problem
is
really so
bad that they haven't worked out how to solve it."
"People Really Hate You" US
Bankers Told
US
Retail Sales Unexpectedly Halt Six-Month Slide (JWR's comment: I
attribute this to all the ongoing frantic gun, ammunition, and full capacity magazine purchasing.
Have you been to a gun show recently?)
UK Bank Regulator Resigns Amid Furor
