At the delayed morning meeting with an attorney that hates attorneys, we got around to talking about the money… yeah, THAT money. There is the Stimulus Package I & II, the normal government loads to states, the bailout to some banks (but not the ones with a passion for customer loans), the bailout of the [...]
Posts Tagged ‘bailout’
Money, Money and More Money; Obama, McCain, Gates & Bernanke
Posted in analysis of behavior, behavior, business strategy, economics, finance, government, media, musings, politics, public policy, taxes, tagged obama, bailout, Leadership, GM, Bernake, tillions, collaspe, wars, stimulus packages, Ford, states, ARRA on February 26, 2009 | Leave a Comment »
Strangest Jesus Reference I’ve Seen
Posted in mathematics, religion, tagged bailout, big numbers, billion, jesus, jesus sized numbers, numbers, really big numbers, trillion on February 4, 2009 | Leave a Comment »
“To put a trillion dollars in context, if you spend a million dollars every day since Jesus was born, you still wouldn’t have spent a trillion,” McConnell said. This comes from a CNN editorial on our perspective on the number 1 trillion. You know nothing makes a number seem big and important like putting a [...]
Revised Text of Economic Crisis Bill
Posted in economics, politics, tagged bailout, Congress, economic stability bill, economics on October 1, 2008 | Leave a Comment »
Here she is, check it out. probably worth reading considering as a tax payer you’re about to spend $6900 of your money on it (per person in your house!). I like to know what I’m buying…. SEC. 2. PURPOSES. 1 The purposes of this Act are— 2 (1) to immediately provide authority and facili- 3 [...]
There WILL be more bailouts! WE ARE RUDDERLESS!
Posted in analysis of behavior, business strategy, economics, politics, tagged $700 billion, bailout, Congress, Constitution, devaluation of the dollar, fear, Federal Reserve Chairman Ben Bernanke, government, gut check, incompetence, OUR response, Paulson, printing money, quick and dirty, rudderless, spine on September 26, 2008 | 1 Comment »
Come-on people…it is gut-check time!!! You want a republic to be proud of? Now’s the time to find you spine. We got the government we worked to get. Right, none of us worked hard enough and this is what laziness has wrought. We didn’t mind when it was someone else’s dollar. Enron was a joke. [...]
The Collapse of Risk Management and Bailouts – Predicting Uncertainty is, well, not possible!
Posted in Statistics, analysis of behavior, data mining, economics, media, politics, tagged AIG, bailout, black swan, lehman, risk management, taleeb on September 18, 2008 | Leave a Comment »
Great piece from Black Swan author,Nassim Nicholas Taleeb, on Edge.org. Read it. What Is Fundamentally Different About Real Life My anger with “empirical” claims in risk management does not come from research. It comes from spending twenty tense (but entertaining) years taking risky decisions in the real world managing portfolios of complex derivatives, with payoffs [...]
