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It is interesting that Paulson and Bernanke seem to have no plans to deal with mortgage holders. Sheila Bair has been the lone voice there. When mortgage holders default in droves and stop paying banks, what happens to the banks - are they better off? The banks sit near the top of the...

Good call.

If you were on the receiving end of bailout money, he IS doin' a heck of a job.

http://finance.yahoo.com/news/Paulson-crisis-happens-once-apf-13635212.html And since he was running GS while the bubble was ballooning, I guess he would know...

Yes. And also, "irregardless" isn't a word. That one shows up a lot too. And it's not "I COULD care less", it's "I COULDN'T care less." (Because if you could care less, you would.)

The CEO's and the unions need to take one for the company - and that includes Wall St CEO's. To make it fair across the board for taking bailout money, everybody takes a comparable downward adjustment.

I thought it stood for T.axpayers A.re R.ube P.awns.

Since Congress levies taxes, there is some question whether Treasury had the authority to repeal the tax. But now we know why he wanted unfettered power and freedom from prosecution for anything he did... :P

http://www.washingtonpost.com/wp-dyn/content/article/2008/11/09/AR2008110902155.html "It was a shock to most of the tax law community. It was one of those things where it pops up on your screen and your jaw drops," said Candace A. Ridgway, a partner at Jones Day, a law firm that represents...

Limbaugh/Hannity, et al are actually going to make it harder for the Republicans to ever regain power because they are now in the business of dividing the GOP. By arguing for and insisting on making the Republican tent smaller and more exclusive, they are helping guarantee that the GOP will...

Oh yes - Paulson did not want "stigma" attached to taking the money... Though the stigma was there much earlier when the Fed had to allow non-member banks to step up to the discount window. I do not see there was much stigma left to be had after that. Also, Goldman gave up being an...

Found this on the bailout http://www.propublica.org/feature/bailout-bucks-to-banks-1028 How many of these guys were forced to take the money?? And couldn't the ones not in trouble take a little less?

This is the usual dilemma of someone who wants to automate or test an idea. You are between the rock and hard-place. Either learn to code or risk losing your idea. NDA's are useless. Do you know all the friends and contacts of someone who will offer to code it for you? What if he/she...

The best thing that can happen is to oust the executives at the failed Wall Street firms. The world is looking at Wall Street right now as Socialism Street. As long as the ones sitting at the top of the de-facto failed companies are allowed to stay no one will take Wall Street seriously as a...

This is why I don't believe Wall Street can recover. Forever, it has touted itself as the exemplar of Capitalism. But when pressed into practice, it reveals itself to be soviet socialism, refusing to cleanse the incompetent and rewarding itself instead. It was a foregone conclusion that the...

I do not think Lieberman was viable for the GOP because of his liberal stance on abortion. I am curious why McCain did not pick Eliz Dole as his running mate, as she has much more experience than Palin. Palin may be a target of oil interests now. Whatever the perception of her as capable...

I am starting to wonder how much of this is true. It is one thing to see the Couric interview which is beyond dispute - but these allegations have no such recorded video. I am wondering if the Oil companies that Palin extracted more money from as governor now have an open field to go after...

Fox News seems to be hitting her on the clothes thing and now the "country of Africa" thing. It is almost as if someone at the higher levels of the news channel has decided Palin's fate already. The treatment is in stark contrast to Hannity's interview with her pre-election. With the...

In 2004 the SEC let 5 banks up their leverage also, which exacerbated the problem. 3 of those banks got margin calls.

I watched both speeches last night. I only wish the dialogue was as elevated throughout the entire campaign. John McCain is a true hero who sacrificed enormously for the country. But his most opportune time was 2000 when he lost to Bush. On seeing Jesse Jackson's reaction to Obama's win...