Friday, November 14, 2008

This Pretty Much

says it all.

8 comments:

Sarah Laurenson said...

The TURD - yep. Thanks for the link!

pacatrue said...

It seems like with the policy recommendations at the top, the U.S. will need to act with European and Asian central banks so that investment houses don't just move to get better debt ratio rules and such.

Scott from Oregon said...

http://www.youtube.com/watch?v=dNpfIBmg05g

blogless troll said...

That's a good point Paca. I don't know what the leverage rates for investment banks in Europe and Asia are, but if they're 30 to 1 or 40 to 1 like the big 5 (now 2) got here the last four years I say let em go. I would guess they're not that high though, but I don't know. They're already all over the world, but I know what you mean, they're headquartered here.

Scott, another gem.

Diesel said...

I don't understand most of this, but it seems like he should have a pretty free hand to do a lot of this if he wants to.

Robin S. said...

Damn. I can't see the clickie thing. Whenever I clock for the link, the comments pop up instead.

blogless troll said...

http://market-ticker.org/archives/657-Ok-Mr.-Obama,-Time-To-Choose.html

That's the link Robin. I don't know if copying and pasting will work better.

Diesel, yes. Whether he does or not, I don't know.

Robin S. said...

Nor will America sit still while their next door neighbor gets a freebie mortgage modification and principal forgiveness while he does not - because he put 20% down and lived within his means, while his neighbor bought a boat and a Hummer and played "nouveau riche" on a beer budget. That sort of robbery from the prudent to benefit those who behaved imprudently (and to those who even committed fraud in overstating their incomes!) will not be tolerated.

I know I won't stand for it, and I'm one of those who did vote for you.


Wow. Thanks for the link. I fucking love this.