Securities based on mortgages have a value, despite the refusal of the players to make a market. That will change in a month, and no company should be penalized by accounting rules for the momentary oddities of the marketplace.
Oct 1st, 2008
Securities based on mortgages have a value, despite the refusal of the players to make a market. That will change in a month, and no company should be penalized by accounting rules for the momentary oddities of the marketplace.
Sep 29th, 2008
Looks like the majority of the House agreed with me. The financial bailout in its current form is dead.
The usual way to fix this is for Congress to lard up to bill with pork so that more Congresscritters will vote for it. Watch for that approach to be forthcoming. Congress can be bought. It’s just a matter of the price, now.
The bailout uses your money. From your pocket. Do you really want to spend your money? Do you really want the Federal Government to take your money and spend it however they wish? Here are some of the others opposing the financial bailout.
Sep 28th, 2008
Read this. Send it to all your friends. Send it to your enemies and even strangers. This is the absolute truth about the Congress. No bull.
Sep 25th, 2008
Why should we trust the Federal Government to do the right thing?
Sep 24th, 2008
Go back to Washington. Help your contributors. Stay bought, Barry!