Distractions… taking book suggestions

I spoke with one of my brothers tonight by email.  We’re all beside ourselves with fury.   It seems that we’re working through our days on stream of consciousness and little more.  I’m inclined to find my copy of Salmon Rushdie’s book, Fury, on my bookshelf, fix some coffee and stay up all night looking for the rest of the story hidden within the books pages.  The story that wasn’t there the first time I read it. 

Any recommendations for a Vonnegut, Gibran, Rushdie, Kundera, Vidal, Sedaris, Twain, Aurelius, Hafiz… fan?

test

just checking in

Muddy Evolution of Understanding

Good Afternoon Lehman Brothers,

You’ve undoubtedly noticed that my position on the economic situation has evolved.  I started out appalled by the bailout.  I grew angry.  I assumed it was intended to postpone the inevitable day of reckoning that the banking/housing bubble necessitates.  And I am against doctoring the economy to avoid necessary market corrections.  The Bush Presidency has done just this for 7 years.  Doctor the economy with bad medicine. 

I changed my position to ok, but only under certain conditions will I support the intervention.  This is all well defined in previous posts.  I got on board only for the sake of maintaining liquidity.  This is all spelled out previously too in either my comments or my links.  

Brothers, are your positions evolving much?

Essential Listening: Bailout No — Govt Buys Like Buffet Yes

Listen First / Then read my last post, please.

Listen: why Bush was right to initiate $700Bln proposal

Why the bailout? 

In the link above you will hear how President Bush took decisive action last week to avert a possible money market meltdown by creating immediate assurance / insurance on money market funds following the failure of a major money market. 

We can only hope both houses have the nerve and insight to turn this into something structured, intelligent.   If they can structure a plan that creates some combination of short-mid-and -long range liquidity, they should move forward.   The following conditions apply:

1. They do not violate Darwin’s Law – the weak and guilty must not be saved
2. Natural retraction of markets must be allowed to take place… equity, real estate…
3. Government takes ownership of saleable assets
4. Liquidity is the ONLY objective

Some Incarnation of the “Bailout” is essential – link here to NPR interview

How Bush Averted A Money Market Panic

 

In the link above you will hear how President Bush took decisive action last week to avert a possible money market meltdown by creating immediate assurance / insurance on money market funds following the failure of a major money market. 

We can only hope both houses have the nerve and insight to turn this into something structured, intelligent.   If they can structure a plan that creates some combination of short-mid-and -long range liquidity, they should move forward.   The following conditions apply:

1. They do not violate Darwin’s Law – the weak and guilty must not be saved
2. Natural retraction of markets must be allowed to take place… equity, real estate…
3. Government takes ownership of saleable assets
4. Liquidity is the ONLY objective

 

 

 

Pin this on the Donkey, the Elephant, the CEO or Voter?

Are Republicans Responsible For Banking Crisis ?

 

 

All four share blame.  The article above helped me understand whether or not the Republicans had a role in the wall street collapse.  Please, click and read.

Well orchestrated dismantling of corporate icons

Hey brothertwo.  Welcome. 

You’ve noticed by now that my posts are sometimes carefully written.  Other times they are hammered out over a few minutes of free time.   Time is still money even if the dollar isn’t.

I hope you’re comfortable disagreeing openly and honestly.  Blogging isn’t just for tree huggers anymore.   Real conservative Americans like you, my brothers, have to be heard If we are going to take back conservative values.  

While I should be ashamed of the way I rambled on in my last real blog post, I felt compelled to put a few ideas out there. 

1. bailouts will not improve home values regardless of  what Hank and Ben say
2. we’ve witnessed a well orchestrated dismantling of corporate icons this year
3. nothing has been left to chance – each deflation has had its own premeditated PR campaign
4. you and i will suffer investment losses with and without the bailout
5. a Paulson / Bernanke bailout  puts taxpayers in distant last place
6. the companies they serve are at the front of the line
7. that’s not acceptable – the guilty should not be pampered, pardoned or paid

Brothers, you’ve seen this. Posting for the public.

 

GOP insider discusses politics of war.

http://mobile.latimes.com/detail.jsp?key=180981&rc=nation&full=1

This blog link helps reframe the questions at hand

Link here to another top quality journalistic blogger:

 

http://seekingalpha.com/article/96826-do-paulson-and-bernanke-really-understand-what-s-going-on