The big news today was brought on the News channels by the top guns of the Democrats (Pelosi, Reid, Frank, Dodd): there is finally an agreement by both parties for a bill that would break the deadlock on the "Wall Street Rescue" requested by Sec. Paulsen on behalf of the discredited Bush ( Read more... )

This quote just jumped at me as I was thinking about how much the lavish disbursements to the greedy executives ("oh, but they're market-based", "oh, but they're worth it, or they'll take their talents elsewhere") have been a substantial part of the economic disaster we're experiencing ( Read more... )

Monday, and the Dow erases in one fell swoop all the progress it had made last Friday ( Read more... )