this is better than post 9-11 congressional action
Posted by AdministratorSep 19
wtf?! trillions of dollars in a bailout? it’s unbelieveable. paulson convinced a bunch of uneducated legislators that they need to put this plan into place to save the american way of life….right on, man. at a macro level, it’s unbelieveable — but at the micro, i’m stoked. keep spending gov-ment! if only i could get them to provide subsidies for exotic cars, boats, planes, bleeding edge electronics, and sports equipment…then I’d really have the goverment working for me
. forget banks and corn subsidies — bring on the g’mo subsidies! And the best part is that it won’t cost you trillions.
now, being the risk management guy that i am, i’m more focused on AIG. The latest word is that the $85B may not be enough. But given all that has happened this week, there is still hope. my guess is that they are going to break it up, sell of the good parts, and watch the bad ones die. c’mon, it’s what you would do.
today’s song of the day is for all those guys on the street laughing right now. “I Get Money,” by 50 cent. btw, the sample is MC Milk from Audio Two — true old school hip hop.
