chrisco.soup.io

Long, but worth a read.

The new Michael Moore movie -- http://WallStreetMafia.com -- is going to bring even more focus on the Boss of the Wall Street Mafia.  Not that anything bad will happen to the him, unless you consider helping the Boss make more money bad!

This is an excellent article I found on the front page of the The New Orleans Times-Picayune on my way back from New Orleans Monday morning, April 6th.  Why do more people not care? Why do we, in the USA, let this happen?  Why?  What can we do?  We can start by standing up for others, not our friends and family, not the people who can do anything for our careers or desires, but for the weakest and most vulnerable among us.  Also by communicating with our elected officials, and by taking it to the streets.  And, of course, by giving what we can to whom we can, even if it's not much, even if it's just a smile or acknowledgment.

Details Of Geithner's Public-Private Partnership: Large
Taxpayer Subsidies For Toxic Asset Investors
2009-3-25
Source: RGE

Americans, let us look at ourselves in the mirror: Madoff is us and Mr. Ponzi is us!

Bernie Madoff is the Mirror of a Made-Off Ponzi Economy
By Nouriel Roubini
2009-3-11

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Helicopter Ben goes ZIRP, QE and More…While the Global Economy Enters Stag-Deflation: Nouriel Roubini | Dec 17, 2008: The Fed decision yesterday to cut the Fed Funds range to 0-0.25% formalized the fact that, over the last month, the Fed had already moved to a ZIRP (zero-interest-rate-policy) - as the effective Fed Funds rate was already close to zero -and started a policy of QE (quantitative easing) as its balance sheet has surged over the last few months from $800 billion to over $2 trillion.

From RGE: "How Much Will U.S. Housing Prices Fall And How Long Will The Downturn Last?"  Nice summary and collection.  Bullet-point format.

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