'Time Bomb'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
my genius plan is for the US markets to shut down for 3 days while Congress gets itself together on a new plan. No one will make money, but no one will lose either. Banks all closed for holiday. Genius simple plan.
lalalalalala - can't hear all the people telling me why this won't work.
But I'm thinking the problem is that there is so much money in the mortgage backed securities that nobody wants that the credit market is frozen, and businesses won't be able to borrow money. At some point that means individuals won't be able to borrow money and the economy will perhaps seize up.
Not only that, the Mets missed going to the playoffs on the last day of the season, AGAIN. Stupid Mets.
I think the general consensus is that a very severe recession is unavoidable. What they're trying to avoid is a complete collapse.
Not only that, the Mets missed going to the playoffs on the last day of the season, AGAIN. Stupid Mets.
Note to Omar: Dude. Last year anybody could have told you that you didn't have enough pitching. But no, you expected septugenarians like Glavine and Pedro to take the hill all season long. This year, everybody in the country knew that your bullpen was shite and needed an upgrade. Fuck, dude, you could've had an innings eater like Joe Blanton for Lastings Milledge. But did you get more pitching aside fromm Santana? No. You fail at GM.
Not only that, the Mets missed going to the playoffs on the last day of the season, AGAIN. Stupid Mets.
The Royals have a chance to not be the worst team in their division this year. Go White Sox. Even if the Tigers win, they will be tied for worst team instead of just being the worst team!
Grr. The shoes are not available in my size. Considering I'll probably be wearing them with thickish socks, can I go up half a size?
my genius plan is for the US markets to shut down for 3 days while Congress gets itself together on a new plan.
Congress isn't in session for the next two days because of Rosh Hashanna. We'll see what happens with that.
FCM:
Here's an interesting piece on the reason for the failure of the bailout bill:
With leadership -- and elites -- so aggressively behind the bill, the massive defections suggest that congressmen are sensing a towering populist outrage. Like on the immigration bill, the opposition did not fear their party but their voters. The implication here is that the politics of the bailout are much more intense than most currently recognize.
And what it says about the current system:
It is further proof that we have a calcified political system incapable of responding to either long-term threats or short-term crises. The electoral and partisan incentives have made actual action too dangerous and rendered obstruction everyone's easy second choice.