One of the best daily show episodes i saw…
Here it is and it is a must watch!!!!!!
Here is the best quote of this entire show:
“Isn’t the dow jones industrial average, just a short twitch numerical representation, of a bunch of guesses, about other people’s assumptions, about the financial well being of, an arbitrarily chosen group [...]
Archive for the ‘Legislation’ Category
Killer satire on the daily show
Posted in Economy, Financial Markets, Great Quotes, Investment, Legislation, Media, Satire, Stockmarket on March 6, 2009 | Leave a Comment »
Interesting program on PBS
Posted in Economy, Financial Markets, Legislation, Media, tagged Financial Markets, Global Economy, Government intervention, stock markets, US Economy on February 18, 2009 | Leave a Comment »
Its called “Inside the meltdown” and full of left-liberal pundits, but it is a pretty good description of what went on during those crucial months last year.
Here it is…
American recovery and reinvestment plan…. Whatever!
Posted in Economy, Energy technology, Environment, Environmentalism, Financial Markets, Incidental-musing, Investment, Legislation, Media, Stockmarket, Technology, Thought-Trails, tagged American recovery and reinvestment plan, Broadband internet access, Conservative Economists, Depression, Economic Depression, Financial Markets, Global depression, Global Economy, Global Recession, Green Energy, High speed rail roads in US, House, Hybrid cars, John Kenneth Galbraith, Liberal Economists, Main Street, National Power grid, Senate, stock markets, Tax breaks, Tax cuts, US Economy, US House of representatives, US Infrastructure, US Politics, US recession, US Senate, world economy on January 28, 2009 | Leave a Comment »
House passes the granduosly named American recovery and reinvestment plan, and, it is irrelevant at this point. For this plan is not far sighted enough nor does it change the game in any way. But don’t blame the president for this, for he was just working with in the boundaries of consitution. Fact is this [...]
Now you are an investment banker, voila… now you are not.
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, Goldman Sachs, Morgan Stanley, US Economy on September 22, 2008 | Leave a Comment »
So GS and MS want to become bank holding companies now.
This needs to be thought through properly before any comment is made.
Stock market is falling. No reason to panic and pass Paulson’s plan with out change.
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged Financial Markets, Paulson's plan, stock markets, US Economy, world economy on September 22, 2008 | Leave a Comment »
Dow is currently about a 150 points down. Over the next couple of days there may again be volatile swings in stock market. Such volatility may be used to pressure congress to pass paulson’s plan. Volatility in the stock market is natural in such troubled times and should not cause a panic among the congressional [...]
Here we go again!!! Oil is above $104.
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged commodity markets, Financial Markets, Inflation, Oil prices, paulson's bailout plan, US Economy, world economy on September 21, 2008 | Leave a Comment »
The bailout plan is not yet passed by the congress and oil is already above $104.
Why?????
Here’s the logic, US government is giving a bailout to the wall street, but FED has to create those $700 billions. Which means, huge amount of deficit in US. That implies US currency dollar will loose its purchasing power and [...]
topical, satirical and lucid. Altogether a great first post!
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
Do read this post on bailout plan.
Congratulations on this great first post.
Paulson’s Corporate Welfare plan: LOL line
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
So federal government will buy all these unsellable mortgages from financial companies. And then will ask these very same financial companies to manage these mortgages for it.
I wonder if they could keep a straight face when they were thinking that up.
What next? No-bid contracts for managing these mortgages?
Paulson’s corporate bailout plan: What is with that time period?
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
What is with the time horizon of the bailout? Check this link.
Bailout plan: Why is executive compensation a part of this?
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged bailout plan, Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
Apparently, democrats want to limit executive compensation as a part of the bailout plan according to this report in the new york times. Apart from being symbolic, it is silly, divisive and very difficult to arrive at. Unless it is being used as a negotiating tactic, this proposal has no place in this law.
The really [...]
Bailout plan — Should america bailout foreign corporates?
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Corporate Welfare, paulson's bailout plan on September 21, 2008 | Leave a Comment »
As surreal as it may sound, paulson’s corporate welfare plan in the guise of an economic bailout plan can not exclude foreign corporates. And that’s not because of the reason that paulson gave on the weekend talk shows (You know that one about “even a foreign corporate with significant american operation”).
It’s becuase most of these [...]
Paulson’s bailout plan wont work for the average american
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged average american, bailout plan, Ben Bernanke, Corporate Welfare, Economy management, FED, federal mortgage bailout, Financial Markets, Frank Paulson, Housing crisis, Mortgage Crisis, paulson's bailout plan, Paulson's plan, Subprime Crisis, US Economy on September 20, 2008 | 1 Comment »
I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]
Well thought out but a 30000 ft. high view
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged Financial Regulation, Lawrence Summers on June 1, 2008 | Leave a Comment »
Check out this article by Lawrence Summers on financial times. Reading the article it is evident there was a lot of thought that went into it. However, this was a very high level thinking. Every single point mentioned there in seem reasonable but putting these into practice takes a lot more detailing. For instance, the [...]
Great Satire on “A” Daily show
Posted in Financial Markets, Investment, Legislation, Satire, Stockmarket, tagged A Daily Show, Bill Clinton, CNBC, Fox Business, Gerri Willis, Hillary Clinton, Jon Stewart, Media Satire, Mitt Romney, P J 'O Rourke, Political Satire, Samantha Bee, Satire, The Daily Show on January 25, 2008 | 2 Comments »
This week on “A” Daily show, as they call it these days, there was great satire. If this is what Jon Stewart can do with out the writers, think what could have been with them!
Here is one spot called Very Mad Money on the recent stock market sell off and tanking economy.
[thedailyshow=http://www.thedailyshow.com/video/index.jhtml?videoId=148349&title=very-mad-money]
That’s not a [...]
The Education of Ben Bernanke – New York Times
Posted in Financial Markets, Investment, Legislation, Stockmarket, tagged Ben Berbabke, Federal Reserve, Financial Markets, Ron Paul fans on January 16, 2008 | Leave a Comment »
The Education of Ben Bernanke – New York Times
Here’s a brief but pretty good outline on the evolution of Federal Reserve. Ron Paul fans should read this outline to understand their own arguments better!!!
So where should climate change efforts start from?
Posted in Environment, Incidental-musing, Legislation, tagged california climate legislation, Climate change, Environmental Protection Agency on December 21, 2007 | Leave a Comment »
This would be amusing if it were not so loathsome.
Kyoto protocol was not ratified for eons literally, which could have hopefully made a difference to our environment. Bali summit dragged on and on, discussing what to discuss in the next round of discussions. Now, Federal administration refuses to allow California to enact its own environmental [...]
The law of unintended consequences…
Posted in Investment, Legislation, Stockmarket, Thought-Trails, tagged CDO's, current affairs, Finance, Handling mortgage market crisis, Investment, Law of Unintended consequences, Legal issues of mortgage market crisis, Mortgage market on November 16, 2007 | Leave a Comment »
This article was published by the newyork times today .
A classic case of the law of unintended consequences playing its part. World is complex and all most all modern systems are entangled in a web of diverse parts pulling in different directions. The underlying assumption that is expected to make the system work with out [...]