The methods by which the Paulson Treasury will hand out $125B to regional and community banks is secret. Add that to the pile of secret Treasury doin's. (via Planet Money)
From way back in August, Dean Baker told us how to help homeowners who are underwater: Own to Rent.
Now he's updated the discussion of what it means to bailout homeowners.
I volunteer with a person who has been predicting that PA will be this year's Florida and Ohio. My tinfoil hat starts buzzing when I read stories like this, which appear to be softening the ground for such an outcome. Bonus points: Our Ms. Bumiller wrote it!
I can't figure this out completely but it looks like Argentina has nationalized their version of "personal account" pensions.
And more from the Book of Privatization: You can secede from your county, privatize your city and be sure your tax dollars only benefit YOU! Grover Norquist is so happy.
PA will be this year's Florida and Ohio.
I've been meaning to ask you about this for a couple of weeks and kept forgetting. From your POV, does McC have any kind of chance at all?
Posted by: mick arran | October 23, 2008 at 01:54 PM
After the last three elections, I don't have any idea what will happen on election day. I have no faith in the system at all. I just heard NPR tell me that McC is in PA b/c we don't have early voting and so anything is possible. That's just batshit crazy thinking - like this is a baseball game or something. "Anything" can't be anything good.
Posted by: eRobin | October 23, 2008 at 05:41 PM
Are you suggesting that St John's concentration on PA is to cover the fact that the GOP plans to steal the election there? (beat) Oh wait. I forgot to *GASP!* in disbelief.
Posted by: mick arran | October 24, 2008 at 04:33 PM