Wednesday, January 28, 2009

let it bleed

we have a new treasury secretary. he name is timothy geithner. he forgets to pay self-employment taxes, but we're hoping he can turn a stealth hand unlike hank paulson. there are suggestions of how he should handle part 2 of the TARP plan.

"panic in detroit." i love david bowie's aladdin sane more and more every day. "he looked a lot like che guevara, drove a diesel van. kept his gun in quiet seclusion, such an honorable man. the only survivor of the national people's gang, panic in detroit, i asked for an autograph, he wanted to stay home, i wish someone would phone, panic in detroit." great song.

these companies are not firing people.

cameras processing real time decisions.

FDIC might run bad bank that gobbles up bad assets.

why dealing with indebtedness is so hard.

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