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POPSAnd so the bailout begins... If Mr. Kashkari, is only going to be in his post for three months, that's a pretty good indication that the administration plans to use all $700 billion right away.
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POPSForecasts for the 25 Years... From the page: "A Crisis or an Opportunity? What Makes the Difference? The critical difference is whether you are prepared. If you’re aware of possible developments… if you see changes coming… you can take action and prepare yourself. In a rapidly changing world, new opportunities are emerging everywhere. If you get an advance notice of these possible changes, you can be ready. You can ride these waves of change to benefit your career, your business, your family and your investments." Why not changing ourselves as well? it seems as if all that will come should not affect us on deep levels, but why? part of preparation is accepting the changing of human that may come.
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POPSDon't Stress! Bacterial Cell's 'Crisis Command Center' Revealed If a bacteria cell finds itself in a dangerous situation - for example, if the temperature or saltiness of the bacteria's environment reach dangerous levels which threaten the survival of the bacteria -a warning signal from the cell's surface is transmitted into the cell. Using cutting edge electron microscopy imaging techniques the authors of the new research observed that the stressosomes receive this warning signal, and in response several proteins called RSBT break away from the large stressosome. This breakaway triggers a cascade of signals within the cell which results in over 150 proteins being produced - proteins which enable the cell to adapt, react and survive in its new environment.
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POPSSwedish Spoken Here We are going to need those abroad to keep our economy strong and they are going to need us to be healthy as well. We all need each other and we need to concentrate on keeping our country free from terrorists attacks but visitor friendly in the process.
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POPSOf bulbs and bubbles During the European Renaissance, it was, nevertheless, financial measures almost exactly like those used by banks and financial institutions today which freed up the flow of wealth to produce economic growth, and thence the great flowering of art and culture, creating the accumulation of glorious artistic treasures now housed in museums and galleries worldwide.
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POPSGet Your Dollars Out Now! FAST!!! An Argentinian view. I'm not quite sure what would the best to do these days, but this is one opinion. Maybe it would make things worse? I dunno.... what say you?
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POPSSocial Welfare Spending with regulation and tax bills close behind. According to Burnside and Whitehurst, other than social welfare and a bit of government regulation, "Obama devoted very little time to most policy areas." Conventional wisdom has it that John McCain holds a political advantage over Obama on war and foreign policy issues, while Obama is favored to handle the economy. Yet Obama's economic experience is largely limited to social welfare spending. Indeed, precisely because of his penchant for spending, Obama's fingerprints are all over Illinois's burgeoning fiscal crisis. . . . Illinois's fate may foreshadow the nation's. Obama's small and carefully targeted spending bills were expressly designed to win passage by a Republican-controlled state senate. But if Obama takes the presidency with a Democratic Congress at his back, we'll likely see a grand-scale version of the fiscal mayhem Obama and his colleagues brought to Illinois.
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POPS Thomas Sowell Opines --- Do Facts Matter? So did Bush's Secretary of the Treasury, five years ago. Yet, today, what are we hearing? That it was the Bush administration "right-wing ideology" of "de-regulation" that set the stage for the financial crisis. Do facts matter? We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn't. Is that the free market? Or do facts not matter? Then there is the question of being against the "greed" of CEOs and for "the people." Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis. Who in Congress defended Franklin Raines?
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POPSNo.2 of Fannie Five - Barney Frank Frank has consistently opposed any attempt to reform the practices at Fannie Mae or Freddie Mac. Frank has been described as “The Patron Saint of Fannie Mae”. http://www.stltoday.com/forums/viewtopic.php?p=6069270 Read specific examples of Frank’s obstruction of reform here: http://www.foxnews.com/story/0,2933,424945,00.html In 2002, shortly before accounting irregularities were exposed at both companies, Frank said, “I do not regard Fannie Mae and Freddie Mac as problems,” reported the Wall Street Journal. After the Freddie Mac accounting scandal in 2003, Frank said, “I do not think we are facing any kind of a crisis.” http://mpinkeyes.wordpress.com/2008/09/17/barney-frank-and-chuck-schumers-role-the-fannie-ma
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POPSDo Facts Matter? "We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn’t. Is that the free market? Or do facts not matter?"
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POPSNo.1 of the Fannie Five - Chris Dodd The Center for Public Integrity criticized Dodd for “being the leading advocate in the Senate on behalf of the accounting industry.” Political consultant and commentator Dick Morris wrote that Dodd had received more from accounting firm Arthur Andersen than any other Democrat and bore responsibility for trying to shield accounting firms from investor fraud liability in cases such as the Enron scandal. Arthur Anderson was forced to surrender its license to conduct CPA business in the US. http://en.wikipedia.org/wiki/Christopher_Dodd.
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POPSfinancial crisis Democrats may finally learn the truth about their leaders in congress and Obama and his crew. Hope all their greed catches up to them. Somehow I don't think they can hoodwink the public again.
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POPSPolitics as Usual I am so glad that we can finally stop talking about issues that concern us all and start talking about personal character.
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POPSViewpoints Junp over to the main article for more spinning. I'll make you dizzy, no doubt.
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