Twitter updates for 2008-09-29
by Alex. Average Reading Time: about a minute.
- “Bailout, you broke it, YOU BROKE IT, you bought it!” http://is.gd/3gRn via @mojosd @tokyodan #
- Actually that quote is “bailout, it’s bulls***, you broke it, you bought it.” Right on. #
- @lboord Foreigners hold 44% of federal debt held by the public That’s massive exposure to political risk. #
- Joined NPR’s socnet http://www.npr.org/templates/community/ and http://tinyurl.com/45dqm3 #
- @lboord half of debt is held by public, other half by Fed for monetary policy. Of public portion, foreigners hold 44% and China holds 19% #
- Given the dire warnings, it’s astounding the bailout failed. Guess it wasn’t that urgent,huh? It’s all smoke and mirrors. Where’s the media? #
- @MichaelBeaton If it’s so urgent, why didn’t the bill pass? Why not bail out homeowners instead, rather than buying bad assets from bankers? #
- @bduperrin Indeed, I don’t think a Wall Street bailout followed by loose monetary policy is good for taxpayers and the middle class #
- @MichaelBeaton Thanks for sharing that POV. I believe masses benefit from greater transparency and lose from political scare tactics. #
- @MichaelBeaton In other words, lets carry on (and reward) the folly of the past years and delay the pain. Someday, someone will pay, though. #
- @bduperrin I agree. Have the govt buy houses at risk and grant 30-year mortgages with lower interest rates for the homeowners. #
- BlogOrlando 2008 … third time’s the charm http://tinyurl.com/4rnebq #
- @bduperrin The $700B bailout plan represents $175,000 per home for the 4 million ones at risk of foreclosure. #
- @val_capone Right on. Investigative journalists are too few and far between, and we’re left with silly infotainment megaphones on the air #
- @FreeRangeMom What an idea. That’d cut unemployment and inject money into the economy. Forget it … it’s too simple and bankers lose out ;) #