The legislature being passed addresses the wrong end of the conduit-- helping those on the very top of the system, rather than those at the ground level. This video suggests 3 changes that would help much more than blindly throwing money at the problem.
Paulson is looking for people to audit his troubled assets. apply here! Deadline is October 8th at 5 pm est.
treasury site forward slash press forward slash releases forward slash hp1185 dot htm
Not all at once... :o)
therealcaptobvious 3 years ago
excellent take on the situation as always, in this crisis you should be posting twice a week (at the very least). what is your take on the possible collapse of private equity ventures (blackstone, kkr, etc.), being that credit is becoming tighter and they have loaded their companies with obscene amounts of debt? i see it as inevitable that they have created a situation for catastrophic economic failure, the worst is yet to come. your response?
kemosavvy 3 years ago