Category: Moment of Clarity

Daily Financial Moment Of Clarity

Daily Financial Moment Of Clarity

| October 23, 2008 | Reply

Again from the wise mind of Anna Schwartz courtesy of the Wall Street Journal: It takes real guts to let a large, powerful institution go down. But the alternative — the current credit freeze — is worse

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Daily Financial Moment Of Clarity

Daily Financial Moment Of Clarity

| October 22, 2008 | Reply

From the UPI, looks like there was some form of stimulus from the government checks this summer: …the online porn industry reported 20-30% growth in membership rates this summer following the initial round of government stimulus checks in mid-May. That’s normally the slowest time of the year for online porn, AIMRCo said. Proprietors of adult […]

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Daily Financial Moment Of Clarity

Daily Financial Moment Of Clarity

| October 21, 2008 | Reply

This could be the anthem for why the bailout is evil: Everything works much better when wrong decisions are punished and good decisions make you rich.

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Daily Financial Moment Of Clarity

Daily Financial Moment Of Clarity

| October 20, 2008 | Reply

Courtesy of Naked Capitalism, these words of wisdom from Steve Waldman: … for the most part, what is called financail innovation is finding new technology that makes legal what was illegal under the old technology

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