Concise Summary of the Economic Crisis

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Thursday October 02, 2008 · 3:14 PM PDT

2008/10/02 · 15:14

I made the following as simple and concise a summary of the economic crisis as I could for my friends, and figured I'd share it with my friends on daily kos as well. The core of it came from Devilstower's post, but the rest from the sources at the bottom or conversations with economists. I hope it's useful.

Poll

25 votes Show Results

What solution do you prefer to the Economic Crisis?

25 votes Vote Now!

What solution do you prefer to the Economic Crisis?

The Paulson Plan as originally submitted by Sec. Paulson

0 votes

The compromise bailout bill voted on Monday in the House

2 votes

The compromise bailout bill that passed Wednesday in the Senate

1 vote

George Soros's alternative

6 votes

The Progressive Alternative introduced in the House

1 vote

Government should lend directly to business to relieve stress on the credit market

3 votes

Nothing, let the market sort itself out

4 votes

A solution that's not listed here

8 votes

A Potential Way Forward?

ebor

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Tuesday September 23, 2008 · 2:50 AM PDT

2008/09/23 · 02:50

I've just read Devilstower's wonderful explanation of what got us into the current economic mess. I am a physicist not an economist, but I would like to throw out some ideas for a way forward to see if they make sense and if people with greater economic knowledge than I can comment. More below the fold.

ebor

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Thursday November 18, 2004 · 12:21 AM PST

2004/11/18 · 00:21

What was it like behind the scenes on the Kerry campaign Trail? Newsweek embedded 7 reporters deeper in his campaign than other reporters were allowed on the understanding they not publish thier story until after the election. What did they have to say? Apparently, Kerry really was almost as indecisive as charicatured by the opposition. Theresa Heintz was an EVEN BIGGER drag on the campaign than was let on. Kerry didn't treat his subordinates with all that much respect, and tensions often ran high. There was frequent fueding among the senior staffers. Even his campaign managers actually didn't know what his overall message was supposed to be! Read on for details, or read the whole Washington Post article I got it from (registration is free). Read More

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Concise Summary of the Economic Crisis

A Potential Way Forward?

Behind the scenes at Camp Kerry...