Credit Crunch Likely to Hit Consumers the Hardest

So much for a white Christmas. Stock up on crafts.

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Levi-Bristol Wedding Show Stopper!

I take everything I read about American politics in the British papers with a grain of salt. But giving what we've seen so far, I can't say I'd be surprised if the moral jalopy that is the McCain-Palin Straight Talk...

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Ferguson Damning McCain

Europe and Japan turn cold shoulder to U.S. plea for bank ba

No merci!

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TrueAmerica sent you a video: "Reaction to Bush Address: Plan Falls Short"

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TrueAmerica has shared a video with you on YouTube: Reaction to Bush Address: Plan Falls Short President Bush's address on the state of the economy emphasized a sense of urgency to remedy the crisis, but the process set forth in Washington is bothersome for many Americans. (Sept 25)
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Naomi is right!

China banks told to halt lending to US banks-SCMP

BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday. The Hong...

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Bailout Could Deepen Crisis, CBO Chief Says

By Frank Ahrens

The director of the Congressional Budget Office said yesterday that the proposed Wall Street bailout could actually worsen the current financial crisis.

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Fish Fry Anyone?

I smell fish.

I don't know why. I just smell fish. I don't see any fish. I am nowhere near a harbor, yet I smell fish. What do you think? The "bailout" seems to be a Trojan horse, or pig, full of things wicked writhing it's way toward revelation...

I am reading tons of sources, from Al Jazeera, Financial Times, CNBC, and the Congressional Budget Office warning that it may not be enough, little too late, and that it will definitely spread a large unsurmountable amount of doubt to the credit markets. The confidence in the companies that participate will be heavily scrutinized and will be blacklisted.

Yeah, I smell fish.

The of Audacity Greed

Wow!

They really think we're stupid don't they?  No details, no specifics, must buy at a higher premium, and reward the idiots at the same time.  Yeah, we asked for this.  We allow Paulson and Bernanke to even attempt to ask for such a request.  To stoop so low to insult the better ranges of our intelligence.  That is some balls.  

They want not just you, but according to Cernig on Crooks&Liars, Europe (Britain, Germany, and wait for it... France) to help set up the same type of toxic slush fund for the "troubled banks".  The European Union, separate from the 3 nations, was asked and tasked by the Bush Administrtation to come with the same idea as well.  They all said no, no, no, no.  As they and we should.