{"id":564,"date":"2008-09-22T19:43:00","date_gmt":"2008-09-23T02:43:00","guid":{"rendered":"http:\/\/hypotyposis.net\/blog\/?p=564"},"modified":"2008-09-22T19:45:52","modified_gmt":"2008-09-23T02:45:52","slug":"following-the-financial-crisis-these-last-two-days","status":"publish","type":"post","link":"https:\/\/hypotyposis.net\/blog\/2008\/09\/22\/following-the-financial-crisis-these-last-two-days\/","title":{"rendered":"Following the financial crisis these last two days"},"content":{"rendered":"

I've been reading tons about the proposed plan to bail out Wall Street (and save us all?) What I twittered<\/a> this morning (\"I'm seriously worried that the Bush admin is trying to pull another fast one with the Paulson plan -- time to call my congressional reps.\") is still pretty much how I feel tonight.<\/p>\n

I wish I could just summarize for you this complicated situation. Instead, I'll just list some of the articles I've read and let you draw your own conclusions. (I am proud to say that I did call the office of my local congressman (Mike Doyle<\/a>) to express my concerns.)<\/p>\n

    \n
  1. \u00e2\u20ac\u0153The Wall Street Bailout Plan, Explained - Question - NYTimes.com,\u00e2\u20ac\u009d http:\/\/www.nytimes.com\/2008\/09\/21\/business\/21qanda.html?em.<\/li>\n
  2. Brian Knowlton and David M. Herszenhorn, \u00e2\u20ac\u0153Bipartisan Support for Wall St. Rescue Plan Emerges,\u00e2\u20ac\u009d The New York Times<\/span>, September 22, 2008, sec. Business, http:\/\/www.nytimes.com\/2008\/09\/22\/business\/22talkshow.html?hp.<\/li>\n
  3. \u00e2\u20ac\u0153Fair Game - Your Money at Work, Fixing Others\u00e2\u20ac\u2122 Mistakes - NYTimes.com,\u00e2\u20ac\u009d http:\/\/www.nytimes.com\/2008\/09\/21\/business\/21gret.html?em.<\/li>\n
  4. \u00e2\u20ac\u0153Foreign Banks Hope Bailout Will Be Global - NYTimes.com,\u00e2\u20ac\u009d http:\/\/www.nytimes.com\/2008\/09\/22\/business\/22global.html?hp=&pagewanted=all.<\/li>\n
  5. Thomas L. Friedman, \u00e2\u20ac\u0153No Laughing Matter,\u00e2\u20ac\u009d The New York Times<\/span>, September 21, 2008, sec. Opinion, http:\/\/www.nytimes.com\/2008\/09\/21\/opinion\/21friedman.html?em.<\/li>\n
  6. \u00e2\u20ac\u0153Few Limits Proposed for Treasury - WSJ.com,\u00e2\u20ac\u009d http:\/\/online.wsj.com\/article\/SB122204156493561237.html?mod=article-outset-box.<\/li>\n
  7. \u00e2\u20ac\u0153Banks Rush to Shape Rescue Plan - WSJ.com,\u00e2\u20ac\u009d http:\/\/online.wsj.com\/article\/SB122204115528161189.html?mod=article-outset-box#articleTabs%3Darticle.<\/li>\n
  8. \u00e2\u20ac\u0153No deal - Paul Krugman - Op-Ed Columnist - New York Times Blog,\u00e2\u20ac\u009d http:\/\/krugman.blogs.nytimes.com\/2008\/09\/20\/no-deal\/.<\/li>\n
  9. \u00e2\u20ac\u0153U.S. Bailout Plan Calms Markets, But Struggle Looms Over Details - WSJ.com,\u00e2\u20ac\u009d http:\/\/online.wsj.com\/article\/SB122191819568460053.html#articleTabs%3Darticle.<\/li>\n
  10. \u00e2\u20ac\u0153Paulson Bailout Plan a Historic Swindle,\u00e2\u20ac\u009d http:\/\/www.thenation.com\/doc\/20081006\/greider.<\/li>\n
  11. \u00e2\u20ac\u0153Mixed reviews of relief plan sent to Congress,\u00e2\u20ac\u009d http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2008\/09\/20\/MN28131DBP.DTL.<\/li>\n
  12. \u00e2\u20ac\u0153Powell Memo - Wikipedia, the free encyclopedia,\u00e2\u20ac\u009d http:\/\/en.wikipedia.org\/wiki\/Powell_Memo.<\/li>\n
  13. \u00e2\u20ac\u0153A Fair Plan to Pay for Economic Recovery,\u00e2\u20ac\u009d http:\/\/www.thenation.com\/doc\/20081006\/collins.<\/li>\n
  14. \u00e2\u20ac\u0153Democrats Begin to Set Own Bailout Terms - NYTimes.com,\u00e2\u20ac\u009d http:\/\/www.nytimes.com\/2008\/09\/22\/business\/22paulson.html?hp=&pagewanted=all.<\/li>\n
  15. John Harwood and Michael Cooper, \u00e2\u20ac\u01532 Candidates Back Bailout, With Caveats,\u00e2\u20ac\u009d The New York Times<\/span>, September 22, 2008, sec. U.S. \/ Politics, http:\/\/www.nytimes.com\/2008\/09\/22\/us\/politics\/22campaign.html?pagewanted=all.<\/li>\n
  16. \u00e2\u20ac\u0153High Anxiety,\u00e2\u20ac\u009d http:\/\/www.weeklystandard.com\/Utilities\/printer_preview.asp?idArticle=15590&R=13C1A13C72.<\/li>\n
  17. \u00e2\u20ac\u0153Busch: The Political Process And The Plan - CNBC Guest Blog - CNBC.com,\u00e2\u20ac\u009d http:\/\/www.cnbc.com\/id\/26835648\/print\/1\/displaymode\/1098\/.<\/li>\n
  18. \u00e2\u20ac\u0153The Daily Dish | By Andrew Sullivan,\u00e2\u20ac\u009d http:\/\/andrewsullivan.theatlantic.com\/the_daily_dish\/2008\/09\/trust-us.html#more.<\/li>\n
  19. \u00e2\u20ac\u0153Democrats want pay limits, loan aid in bailout,\u00e2\u20ac\u009d http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/n\/a\/2008\/09\/22\/national\/w091157D44.DTL&tsp=1.<\/li>\n
  20. \u00e2\u20ac\u0153John Steele Gordon on the Financial Mess: Greed, Stupidity, Delusion and Some More Greed - Freakonomics - Opinion - New York Times Blog,\u00e2\u20ac\u009d http:\/\/freakonomics.blogs.nytimes.com\/2008\/09\/22\/john-steele-gordon-on-the-financial-mess-greed-stupidity-delusion-and-some-more-greed\/.<\/li>\n
  21. \u00e2\u20ac\u0153News Analysis - In Bailout, Seeing a Need for a Penalty - News Analysis - NYTimes.com,\u00e2\u20ac\u009d http:\/\/www.nytimes.com\/2008\/09\/23\/business\/23skeptics.html?hp=&pagewanted=all.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    I’ve been reading tons about the proposed plan to bail out Wall Street (and save us all?) What I twittered this morning (“I’m seriously worried that the Bush admin is trying to pull another fast one with the Paulson plan … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":3,"activitypub_interaction_policy_quote":"","activitypub_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[],"class_list":["post-564","post","type-post","status-publish","format-standard","hentry","category-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7I6qs-96","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/posts\/564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/comments?post=564"}],"version-history":[{"count":3,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/posts\/564\/revisions"}],"predecessor-version":[{"id":566,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/posts\/564\/revisions\/566"}],"wp:attachment":[{"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/media?parent=564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/categories?post=564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hypotyposis.net\/blog\/wp-json\/wp\/v2\/tags?post=564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}