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Archive for September, 2008
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More Regulation to Fix Regulation
Posted on September 30, 2008 | No CommentsI’m not sure about the logic that is being used by some that more regulation can fix the problems that regulation created in the first place. As I posted earlier,... -
Bailout Failed, Now What?
Posted on September 29, 2008 | 3 CommentsWow. I honestly didn’t see this one coming. I can’t believe the government got enough sense to not pass the plan as presented. However glad I am that they didn’t... -
Why Recessions Are a Good Thing
Posted on September 28, 2008 | 5 CommentsOne of the things that bothers me a lot when I hear people speak of the need to do something immediately is the fear of recession. Recessions are not bad... -
How We Got Here and Where We Are Going
Posted on September 25, 2008 | 6 CommentsThe government is trying to do their best to create a plan to get us out of the mess that they put us in. Still, nothing is passed yet so... -
Trying to Sell the Bailout Plan
Posted on September 23, 2008 | 3 CommentsHank Paulson went to the Hill today to attempt to sell his $700 billion bailout plan. Surprisingly, those in congress questioned them hard about why this plan is necessary and... -
The Problem With Any Plan
Posted on September 23, 2008 | No CommentsWe are getting closer and closer to finalizing this huge bailout. I’ll be happy to talk about it as it gets closer to becoming reality which it unfortunately will by... -
Should You Always Take More Responsibility?
Posted on September 21, 2008 | 5 CommentsI am one of those people who will always do whatever it is to make sure my team succeeds. If it means staying late, picking up more work, or doing... -
Did I Just Wake Up In the Soviet Union Circa 1980?
Posted on September 18, 2008 | 4 CommentsThe government is meeting tonight to come up with a comprehensive plan to buy the bad debt on the books of all these failing financial institutions. The plan would have... -
Afraid Yet?
Posted on September 17, 2008 | 1 CommentMy equity portfolio is ugly. I’m bleeding money right now, and it hurts. The most painful part of my portfolio is my international exposure which makes up half of my... -
Another Day, Another Bailout
Posted on September 16, 2008 | 3 CommentsThe government announced after hours that it would provide an $85 billion bridge loan to AIG. In return, the government will get an 80% equity stake in the company. AIG...