Bailout 2008, Woohoo, We're buying Wall Street!

This is a collection of the information I have come across so far on the bailout. I will put together a more cohesive post later, but I want to get the links down so I have them.

Bailout: House Draft:
http://i.cdn.turner.com/cnn/2008/images/09/28/ayo08c04_xml.pdf

Seven better uses for the bailout’s $700 billion
Double up on national health care, end greenhouse gases, fix bridges?
http://www.msnbc.msn.com/id/26876718

Rudy Guiliani's already trying to cash in on the bailout,
http://www.nydailynews.com/news/politics/2008/09/25/2008-09-25_rudy_giulianis_crass_opportunism_reflect.html

Could you explain what a derivative is and how this is part of the Wall Street problem?
http://www.pbs.org/newshour/businessdesk/2008/09/could-you-explain-what-a-deriv.html

Commercial Paper
http://www.federalreserve.gov/releases/CP/about.htm

The Commercial Paper Squeeze: Why It Hurts
http://www.businessweek.com/bwdaily/dnflash/content/sep2008/db20080928_417591.htm

The Pressure is Too Much!

So here it is. My first blog post. I was waiting for something inspirational, something witty, something smart to say, and in all of that, day after day went by, and I still hadn't posted anything.

So here it is. In all it's glory and it's not much. Hah! Now that's witty 'eh?

What prompted this first post you might ask?

Oh just the crashing of our economic system. Or so the media tells us. It's all a big hairy mess, so I will post more later. Just had to get this first post over with. Let the fountain of wittiness and clarity begin. Hah! Don't wait too long, we'll see if that ever happens.

Watching Rome burn is proving to be quite entertaining, even if it is quite stressful.

More soon...