From the monthly archives:

September 2008

They Thought We Weren’t Paying Attention!

September 30, 2008

The Senate is set to vote on the Emergency Economic Stabilization Act of 2008 tomorrow… Wednesday. We must be heard. Call your Senators. Do not allow them to fund “No Banker Left Behind.”
The Elephants and Asses in Washington thought we were not paying attention. Did we surprise them!
The servers hosting the [...]

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The Credit Crunch, The Bailout, And The Consumer

September 30, 2008

Well, once again this morning President Bush was on television before the stock market opened. He was telling Congress that it needed to pass the bail out bill. However, he seemed to rephrase the wording to make it more palatable for Main Street.
Furthermore, both the nonpartisan Congressional Budget Office and the Office of [...]

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H.R. 3997: Emergency Economic Stabilization Act of 2008 Crashes and Burn on House Floor

September 29, 2008

Click Here to see how they voted.
With the House leaving this afternoon, we are left to wonder if the bailout plan is over for the year… or, perhaps, the Representatives will return to give it another whirl.
In the meantime, it is apparent that right on wrong in our opinions, the voters have scared the hell [...]

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Emergency Economic Stabilization Act of 2008

September 28, 2008

Read the BILL
Call you Representative and Senators and tell them what you think.
This Act will affect each and every citizen for years to come. Whether you agree with the Act or disagree, let your voice be heard in Washington.

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Why Americans Are Angry

September 28, 2008

I’m not an economist, but I am an American citizen. And, I am angry. I don’t understand “derivatives.” When I first heard the term I thought perhaps I was one of the few ignorant people in the country who had no understanding of high finance. I was willing to listen and [...]

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For All the Maneuvering, Last Night’s Debate Could Cost McCain the Election

September 27, 2008

For all the maneuvering the Mccain campaign did this week, he could have lost the Presidential election by attending the debate last night.
McCain did well during the debate, but that isn’t the point. There was nothing new that I heard during the debate from either candidate. Again, that isn’t the point.
This [...]

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The WaMu Failure is the Largest Bank Failure in US History

September 26, 2008

Anyone who didn’t see the failure of Washington Mutual coming has been asleep for the past few weeks. In fact, the potential failure has loomed large on the near horizon and in the headlines for weeks.
So, last night the FDIC seized the failed bank. Not only was Washington Mutual the largest bank failure [...]

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