The times

The WSJ has been good about offering analysis about the current mess, its etiology, and the ways and means for resolving such. The opinion articles are open to public view and worthy of comment.

• -- Wall Street Mocked American Values, 2/11/2009. We have to appreciate Frank's overview here, reminding us that Goldman Sachs had a very high payout in 2006. A few months later (okay, a couple of years), they were at our door (taxpayers) looking for bailouts. Sheesh. Too, we're reminded that Thain took home $6M for running one of the markets. Poster boy, indeed.
• --- Capitalism Needs a Sound-Money Foundation, 2/12/2009. A continuation of Shelton's arguments against the gab-standard and for stable money. This is so foundational that it'll continue to be of interest.
• -- How Government Created the Financial Crisis, 2/9/2009. Taylor's look at the mess and how Ben and others exacerbated the problems.

Rogue table (from WSJ) and poster boys.



Remarks:

08/26/2023 -- Image wander off. Got it back. 

07/22/2015 -- Some of these are, now, poster boys.

06/23/2013 -- Ben sure has talked up (gabbed to) the investors; a recent downturn offers a lot to think about.

10/22/2012 -- Finally, we hear from 60 minutes. There is a bigger issue: are these binding shut-up policies (always in favor of the employer) constitutional?

08/13/2011 -- Banks still struggling. We could have taken them over.

05/17/2011 -- Golden sacks (leftmost mug), by Rolling Stone and Daily Ticker.

01/03/2011 -- Ah yes, now there are demands. The question remains: what growth other than the pockets of these types?

04/17/2009 -- Minsky and the facts of ephemeral value are a couple of topics on the list.

Modified 08/26/2023