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September 22, 2008

It's 20 minutes until autumn. I need to get outside and enjoy the last balmy minutes of summer! But we have a financial crisis on our hands and the government may (or may not) have offered a plan to get us out of it. Jim Kunstler isn't crazy about the plan but Andrew Tobias seems to approve. I'm so confused. Are we doing the right thing or not?

Ahistoricality shares a letter to Congress, and I'm thinking I agree. I don't understand everything I read when I tried to read about the plan, but it looks pretty vague to me.

Under the heading of whatthehell?, I'd have to put this information, and now I completely disapprove and I'm rolling my eyes over the Bush Administration's persistent insanity.

Obama doesn't like it. He wants a real plan.

Even McCain is against it, although probably for the wrong reasons. (You know how I feel about that.) Krugman, as usual, is able to lay the problem out in a fashion I can understand.

Okay, I've decided. (For the moment.) I'm agin' it. It's a badly constructed plan, thrown together in the middle of a panic. It won't just make things worse before they get better. It will simply make them worse.

Posted by AnneZook at 10:24 AM


Best description I've seen of the crisis so far is here. I'm hoping he does a similar job on the so-called solution....

Posted by: Ahistoricality at September 22, 2008 06:27 PM

I read it, and actually understood it! Thanks.

Posted by: Anne at September 24, 2008 08:33 AM