Bear Stearns Bailout Was HUGE

[tangouniform]

Seeing as our “Esteemed Colleagues” in Washington seem to be on the main dumb, dirty or disinterested, I think that venting on the internet is about as effective as writing a strongly worded letter these days. The billfold, the ballot box and (as a last resort as afforded by the 2nd Amendment?) ball-tracer rounds are the way to shape the future in the US.

BTW, “…there’s no silver bullet coming around the corner soon.” has my vote as Mixed Metaphor of the Week.

[dontfollowtheherd]

I failed to use a caveat – there’s still a lot of tumult and fear ahead – the panic would have started a couple weeks back rather than later. I’ll keep the metaphors simple. We’re not out of the woods by a long shot. I agree these over-leveraged and “confidence” firm business models deserve everything that’s coming to them. Nothing goes up forever. The law of gravity applies to everything on this planet as far as I know. Remember too, these “organizations” would likely never have had the opportunity to cause this mess without the help of the Fed and monsieur Greenspan. Talk about a metaphor master. He baffled everyone by mumbling incoherently in his inimitable “Alspeak” and after retiring suddenly sounds like a master speech language pathologist.

[dontfollowtheherd]

I failed to use a caveat – there’s still a lot of tumult and fear ahead – the panic would have started a couple weeks back rather than later. I’ll keep the metaphors simple. We’re not out of the woods by a long shot. I agree these over-leveraged and “confidence” firm business models deserve everything that’s coming to them. Nothing goes up forever. The law of gravity applies to everything on this planet as far as I know. Remember too, these “organizations” would likely never have had the opportunity to cause this mess without the help of the Fed and monsieur Greenspan. Talk about a metaphor master. He baffled everyone by mumbling incoherently in his inimitable “Alspeak” and after retiring suddenly sounds like a master speech language pathologist.

[dontfollowtheherd]

I failed to use a caveat – there’s still a lot of tumult and fear ahead – the panic would have started a couple weeks back rather than later. I’ll keep the metaphors simple. We’re not out of the woods by a long shot. I agree these over-leveraged and “confidence” firm business models deserve everything that’s coming to them. Nothing goes up forever. The law of gravity applies to everything on this planet as far as I know. Remember too, these “organizations” would likely never have had the opportunity to cause this mess without the help of the Fed and monsieur Greenspan. Talk about a metaphor master. He baffled everyone by mumbling incoherently in his inimitable “Alspeak” and after retiring suddenly sounds like a master speech language pathologist.

[dontfollowtheherd]

I failed to use a caveat – there’s still a lot of tumult and fear ahead – the panic would have started a couple weeks back rather than later. I’ll keep the metaphors simple. We’re not out of the woods by a long shot. I agree these over-leveraged and “confidence” firm business models deserve everything that’s coming to them. Nothing goes up forever. The law of gravity applies to everything on this planet as far as I know. Remember too, these “organizations” would likely never have had the opportunity to cause this mess without the help of the Fed and monsieur Greenspan. Talk about a metaphor master. He baffled everyone by mumbling incoherently in his inimitable “Alspeak” and after retiring suddenly sounds like a master speech language pathologist.

[dontfollowtheherd]

I failed to use a caveat – there’s still a lot of tumult and fear ahead – the panic would have started a couple weeks back rather than later. I’ll keep the metaphors simple. We’re not out of the woods by a long shot. I agree these over-leveraged and “confidence” firm business models deserve everything that’s coming to them. Nothing goes up forever. The law of gravity applies to everything on this planet as far as I know. Remember too, these “organizations” would likely never have had the opportunity to cause this mess without the help of the Fed and monsieur Greenspan. Talk about a metaphor master. He baffled everyone by mumbling incoherently in his inimitable “Alspeak” and after retiring suddenly sounds like a master speech language pathologist.

[asragov]

Too interlinked to fail:

http://www.salon.com/tech/htww/2008/04/04/too_interlinked_to_fail/index.html

[asragov]

Too interlinked to fail:

http://www.salon.com/tech/htww/2008/04/04/too_interlinked_to_fail/index.html

[asragov]

Too interlinked to fail:

http://www.salon.com/tech/htww/2008/04/04/too_interlinked_to_fail/index.html

[asragov]

Too interlinked to fail:

http://www.salon.com/tech/htww/2008/04/04/too_interlinked_to_fail/index.html

[asragov]

Too interlinked to fail:

http://www.salon.com/tech/htww/2008/04/04/too_interlinked_to_fail/index.html

[barnaby33]

What did you do about it? (BESIDES bitch on an internet forum?)

What only one? I’ve written Susan Davis once this week. Feinstein and Boxer twice. I even called the senate banking committee comment line BEFORE the useless congressional hearings; when there was still a chance to do something about it. Save your misplaced sense of superiority for when actually have a chance to use it.

Wow, you actually wrote Brian Bilbray, I’m impressed.

Josh

[barnaby33]

What did you do about it? (BESIDES bitch on an internet forum?)

What only one? I’ve written Susan Davis once this week. Feinstein and Boxer twice. I even called the senate banking committee comment line BEFORE the useless congressional hearings; when there was still a chance to do something about it. Save your misplaced sense of superiority for when actually have a chance to use it.

Wow, you actually wrote Brian Bilbray, I’m impressed.

Josh

[barnaby33]

What did you do about it? (BESIDES bitch on an internet forum?)

What only one? I’ve written Susan Davis once this week. Feinstein and Boxer twice. I even called the senate banking committee comment line BEFORE the useless congressional hearings; when there was still a chance to do something about it. Save your misplaced sense of superiority for when actually have a chance to use it.

Wow, you actually wrote Brian Bilbray, I’m impressed.

Josh

[barnaby33]

What did you do about it? (BESIDES bitch on an internet forum?)

What only one? I’ve written Susan Davis once this week. Feinstein and Boxer twice. I even called the senate banking committee comment line BEFORE the useless congressional hearings; when there was still a chance to do something about it. Save your misplaced sense of superiority for when actually have a chance to use it.

Wow, you actually wrote Brian Bilbray, I’m impressed.

Josh

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