October 22, 2008 - I'm a pretty serious person, so I've been following the stock market for a total of about 22 days now. I've learned a fair amount about global finance in that time, which I present to you now, because you don't know any of it.
The stock...
October 3, 2008 - In discussions of the financial crisis, all anyone ever talks about is Wall Street and Main Street, over and over, as if these were the only two streets in the universe. Well, there are plenty of other streets out there that are also feeling the financial pinch, but getting no...
October 2, 2008 - Sweaty wrestling scholars have yet to establish whether it's a Chinese, Arabian or American curse; nonetheless somebody once said, "may you live in interesting times." And sure as God made the larva of the coddling moth eager to worm its way into the core of little green apples, we...
October 2, 2008 - With financial markets from Baltic Avenue to Marvin Gardens in free-fall, many experts warn our entire economy could soon fold like the playing surface of a cheap parlor game, leaving fortunes, title deeds and dozens of small green houses strewn about our national rumpus room, just waiting for us...
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bailout collapse,
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October 1, 2008 - I have admitted several times that I am just a BFH (Big Freakin' Hillbilly). I drive a truck and own guns. I didn't go to an Ivy League School. I don't have a degree in Economics like so many of the so called experts I have been watching...
Filed under: Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
GOP economy,
GOP,
McCain economy,
McCain White House,
financial crisis,
Wall Street crisis,
congress bailout,
Bush bailout,
McCain bailout,
Obama bailout,
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Barney Frank,
bailout rejection,
Wall Street crash,
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what time does the stock market close,
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September 30, 2008 - Folks are talking about using "mark-to-market" accounting in the new rescue plan...because it worked out so well in the past:
Enron notoriously booked future contracts as current earnings, even though they had no idea what those contracts would be worth, whether they'd actually get paid for...
September 30, 2008 - What's happening to America? The stock market dropped 700 points and the bailout bill died. Rep. Boehner (R) says the bill didn't pass because Rep. Pelosi (D) gave a partisan speech, and Rep. Frank (D) called the GOP a bunch of babies, which sounds accurate. They're all...
Filed under: Wall Street bailout,
financial bailout,
government bailout,
bailout collapse,
GOP economy,
GOP,
McCain economy,
McCain White House,
financial crisis,
Wall Street crisis,
congress bailout,
Bush bailout,
McCain bailout,
Obama bailout,
Wall Street,
Nancy Pelosi,
Barney Frank,
bailout rejection,
Wall Street crash,
bailout vote results,
bailout vote,
roll call bailout vote,
what time does the stock market close,
what time does the stock market open,
dow jones,
stock market us,
George Bush,
John McCain,
Barack Obama