UPDATED: Bailout Bill: The good, the bad, the necessary
UPDATE: The Bill just failed in the House. This is not good news, no matter how much you hear Republicans and Progressive Democrats say it is. Hold onto your hats,…
Read moreThe New Bailout Plan
I’m reading it now. It certainly seems to have been fleshed out — you can read it here. More after I’ve read through the whole thing. The devil is definitely…
Read moreDodd Refines Bailout Rules
Senator Dodd has done a pretty good job of fixing what was wrong with Paulson’s proposal. Here’s the PDF summary, and here’s the PDF text. High points: Transparency: Establishment of…
Read moreMarket Meltdown: Thoughts on Shadows, Secrets, and Shells
After reading Francine Hardaway, Dave Winer and Steve Gillmor today, it occurs to me that we are not under any obligation to accept the Bush Administration’s claim that their way…
Read moreStunning Coup Attempt of 2008: Right Here, Right Now
When I wrote about the bailout bill this morning two things happened. First, I was focused on the staggering, mind-numbing numbers. And second, even though intuition told me there would…
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