"The bailout of Fannie and Freddie, the purchase of AIG, and the latest multi-hundred billion dollar Treasury scheme all have one thing in common: They seek to prevent the liquidation of bad debt and worthless assets at market prices, and instead try to prop up those markets and keep those assets trading at prices far in excess of what any buyer ( Read more... )

http://www.time.com/time/nation/article/0,8599,1843168,00.htmlRead more... )

Mike Wooten from "Troopergate":

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First of the 8 part series; very accurate wouldn't you say?

http://www.youtube.com/watch?v=6G3Qefbt0n4

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After talking to Elaine about China and some folks from India at work, I had an interesting thought experiment: Does the US have too little corruption ( Read more... )

This was slipped into the "mother of all bailouts" bill on the house floor recently. Ron Paul gives a fairly brief explanation here:

http://www.youtube.com/watch?v=Wy6SlUpbnIU

Seriously, it may be one of the most important things you ever watch. "Money as Debt ( Read more... )

In the last few weeks, Google Maps has fairly consistently given me the wrong location while the same exact search in Yahoo Maps works perfectly. Several others in the office have noticed this as well ( Read more... )

Go ( Read more... )