Andy Reitz (blog)

 

 

Selected links regarding our impeding financial doom

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Kevin, Rushabh, and I were discussing the current financial crisis last night, and I was spitting out a bunch of crazy stuff that I've been reading on the Internet, that maybe, just maybe, this crisis isn't as urgent nor as dire as it is being made out to be. Kevin asked me to cite my sources, and rather than e-mail him a bunch of links, I thought I'd just share everything here:

The bottom line: there doesn't seem to be a compelling case for congress to approve any sort of $700 billion plan this session. If (and I mean if) some form of immediate bailout is needed, something that addresses the needs of the market up through March should be approved now. Please drop any other links or comments using Disqus below.

-Andy.