I'm with Dana in the wanting to have a tantrum camp.
Count me in and pass the bottle.
The solution to both these pitfalls is to combine any bailout with improved regulation and oversight (I think transparency is a good place to start, let the markets know what risks the banks are taking), and to make sure that there's plenty of pain for the captains of finance who forgot in spectacular fashion that markets go down as well as up.
Totally and completely agree with you, billytea.
I'm sure the current administration will get right on that.
And, if it weren't apparent before, it's official. I love billytea so so much.
I agree with the regulations. And I have a particular thought about the consequences. I think the actual bailing out should consist of taking over the institutions that need bailing out. No buying of assets no accepting of warrants that leave a stake for existing stockholders. You are profitable or able to pay your debts or can work out a deal with your creditors, more power to you. You can't, congratulations, you are now government owned. Not the only thing that needs to be done, but should be part of the bailout.
Timelies all!
Need to do a couple of things, then I head to the airport. Whee!
Don't you think he looks tired?
t loves Amych
The last thing that made me smile was Dylan saying "Byebye!" to me this morning when I left for work. He's starting to "get" non-noun parts of speech and it is so fucking cool!!!! (Like, this morning when I picked him up to give him a hug but he wanted to be running around with his musical toothbrush and he said "DOWN!" Awesome!)
Dude, I woke up and got my ass to work by 7:50 for an 8:00 meeting that yesterday afternoon got changed to 8:30 and I didn't notice. Well, poop.
Pretty much ready to go. Apartment still a mess. Oh well.
Cats are going nuts. Managed to turn off the modem once already, bouncing around like lunatics.
I hope to!
The weather here is supposed to go to shit just before my flight leaves. Great.
