Considering that over the last two days I’ve had VERY mixed feelings about the government’s buy-out of AIG, that J has been twittering on it and T just sent this.
I thought I’d post here and solicit the general temperature of the water. Are we:
Experiencing the largest prop-up of criminally poor financial judgement?
Seeing a government taking drastic measures to stem, stop, or cover-up and pray about a much more devastating financial collapse? Indicated here.
Seeing a potent reminder of why the majority of citizens shouldn’t have their retirements amassed in anything but guaranteed return programs?
I have no idea how to feel about this right now.
Usually Pith and an Augument ad Absurdum re: #, but worth it this time for the perspectives
Good basic discussion on yesterday’s Fresh Air (9/17/08) Itunes Podcast Link.