Feeds:
Posts
Comments

Posts Tagged ‘paulson’s bailout plan’

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 [...]

Read Full Post »

Do read this post on bailout plan.
Congratulations on this great first post.

Read Full Post »

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?

Read Full Post »

What is with the time horizon of the bailout? Check this link.

Read Full Post »

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 [...]

Read Full Post »

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 [...]

Read Full Post »

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 [...]

Read Full Post »