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http://www.bloomberg.com/apps/news?pid=20601068&sid=axb_haAIXhYs&refer=home Hank Paulson's predecessor (also under Bush) calls 'bailout' bill "crazy," "lunacy;" says it will have awful consequences for U.S. economy and taxpayers.

Sorry to add another thread, but this is really unbelievable. http://www.bloomberg.com/apps/news?pid=20601068&sid=axb_haAIXhYs&refer=home Paulson Rescue Proposal Is `Crazy,' Predecessor O'Neill Says By Brendan Murray Oct. 1 (Bloomberg) -- Former U.S. Treasury Secretary Paul O'Neill...

I can't even believe such an obvious ploy to undermine democracy. You'd think they'd be more subtle about it.

Is that democracy? Is that not UNBELIEVABLE???

Great article. This is surreal (what's happening). 20% of car dealerships - poof! Gone like vapor. It's consistent with a friend of mine whose family owns 5 dealerships. I went to high school with him. He told me car sales have not been this weak in his lifetime, and even his father...

You're too late. Seriously. Meet me at Epicure, which is the successor to Wolfie Cohen's Rascal House in Sunny Isles, and I'll buy you a consolation Pastrami on Rye.

Before you gamble on NCC, take a look at their exposure to mortage-backed assets. They are concentrated heavily in these assets, and they exposed to the midwest region, which has suffered badly due to the manufacturing downturn. I am not making any predictions about the fate of NCC; just...

There's not much being presented in this thread I disagree with. It is sad that there really is this 'Globalist' march to enslave free-willed people all over the world, via the use of employment, credit and standards of living. This is what manifested itself when LIBOR rates soared due to the...

The public hasn't changed its mind. Those congressmen and senators who claim that they've noticed a 'shift' in public sentiment are bald-faced liars.

I'll call and raise you, gnome (while acknowledging both parties are sellouts): Take a look at John McCain's top staffers and their Freddy Mac and Fannie Mae payoffs! The New York Times yesterday wrote a through analysis of whose campaign was more closely connected to Fannie Mae and...

On a serious note, they should already have resigned. That's another attribute of the system today that is sickening - no consequences for incompetence.

You are a MORON. Great timing on your return. Look at the ISM and Prices Paid indexes data that was just released @ 10:00 am est. The recession is here and there is no doubt.

One last thing: I'm not a 'populist,' but sometimes the grassroots reaction to 'the shaft' is instinctively and precisely correct. The American People instinctively and immediately reacted to this 'Making the U.S. Taxpayer the Largest Sucker in the World and Buyer of the Shittiest Assets...

I will not get into the political blame game here, but both U.S. parties are the same, there's no daylight between them, as they answer to the same masters. Those with billion dollar checking accounts get their way - every time and no matter what.

Frozen credit market MY ASS. The largest expropriation of national taxpayer savings is about to be nationalized tonight, and will be used by the Treasury Department to dramatically overpay for level 3, illiquid assets, on the bald faced lie that these assets will be held to maturity, if need...

We agree again. I'd add a few harsh points to your outline, but I like what you said so far and where you're going.

I tend to think Palin will do very well during the debate. And yes, I'm serious.

LMAO!! Your brand of humor is sorely needed here at ET. Welcome

The iPhone sold extremely well, but that entire segment and specific product is becoming rapidly commoditized far faster than the first or even 2nd gen iPod ever was - Apple's recent development conference was a huge disappointment lacking the announcement of any true game changers or killer apps.

Good - cheap credit (aka 'dope') got us into this pickle. Maybe high borrowing costs will impose the fiscal discipline that artificially low interest rates couldn't.