http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/ Going From Good To Great Wed, 08 Feb 2012 23:38:36 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-13466 Government Crowding Out Investment | Double Journey Wed, 07 Jan 2009 05:29:29 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-13466 [...] on to state that he actually wanted to buy a bank sometime last year but the government’s TARP plan put a hold on [...] [...] on to state that he actually wanted to buy a bank sometime last year but the government’s TARP plan put a hold on [...]

]]> http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-12927 Fed Fires All Its Bullets … And Misses | Double Journey Wed, 17 Dec 2008 06:18:24 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-12927 [...] essentially made it free to borrow money from the Federal Reserve.  Somehow, they have forgotten what got us here, cheap money.  Not only did they do that, but they pledged to buy all sorts of assets including [...] [...] essentially made it free to borrow money from the Federal Reserve.  Somehow, they have forgotten what got us here, cheap money.  Not only did they do that, but they pledged to buy all sorts of assets including [...]

]]> http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10812 0% Interest Rates | Double Journey Mon, 27 Oct 2008 05:30:57 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10812 [...] you remember my post about what caused this financial crisis you will remember that one of the main factors was the cheap money the Fed flooded the world with [...] [...] you remember my post about what caused this financial crisis you will remember that one of the main factors was the cheap money the Fed flooded the world with [...]

]]> http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10205 More Regulation to Fix Regulation | Double Journey Wed, 01 Oct 2008 04:50:42 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10205 [...] regulation can fix the problems that regulation created in the first place.  As I posted earlier, many of the problems we are now facing can be traced back to policies our own government made.  Now there are proposals on the table which call for even more government action by changing [...] [...] regulation can fix the problems that regulation created in the first place.  As I posted earlier, many of the problems we are now facing can be traced back to policies our own government made.  Now there are proposals on the table which call for even more government action by changing [...]

]]> http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10179 Aida Mon, 29 Sep 2008 23:22:03 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10179 Paulson's proposal for no oversight does sound highly suspect. Even just 6 months of total control over $300 billion is too risky. The bill was modified to state that Paulson will report his progress to the president. Even that is not enough! There needs to be more checks and balance. After all, isn't that how this whole mess got started? No more unaccounted money and bad debts. No more of the same ineffective, corrupt regimen. Paulson’s proposal for no oversight does sound highly suspect. Even just 6 months of total control over $300 billion is too risky. The bill was modified to state that Paulson will report his progress to the president. Even that is not enough! There needs to be more checks and balance. After all, isn’t that how this whole mess got started? No more unaccounted money and bad debts. No more of the same ineffective, corrupt regimen.

]]> http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10154 bluejay311 Sun, 28 Sep 2008 15:49:25 +0000 http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going/#comment-10154 Although the government had a hand in creating the current financial crisis, I don't think the free market can unravel this mess on its own. The government will have to be involved, but to what extent is still to be seen. I don't like what Paulson said about absolute power to fix this problem. $700 billion is a lot of money; A lot of tax payers' money. No one should ever have absolute authority to handle that kind of money without oversight or itemization. However, I can understand (if) once we have a thought out plan, there shouldn't be too much red tape to get actions into place. Although the government had a hand in creating the current financial crisis, I don’t think the free market can unravel this mess on its own. The government will have to be involved, but to what extent is still to be seen. I don’t like what Paulson said about absolute power to fix this problem. $700 billion is a lot of money; A lot of tax payers’ money. No one should ever have absolute authority to handle that kind of money without oversight or itemization. However, I can understand (if) once we have a thought out plan, there shouldn’t be too much red tape to get actions into place.

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