The Certified Skeptic

Here’s a pertinent article I found while surfing around looking for more information on the credit and economic crisis.
For what it’s worth…
How to Ruin the U.S. Economy
by Ben Stein
Posted on Monday, October 6, 2008, 12:00AM
1) Have a fiscal policy that creates immense deficits in good times and bad, burdening America’s posterity with staggering burdens of […]

I found this while mining the internet for information on the current credit crisis:
Analogies are never perfect, but here’s one using horse racing. Don’t expect a perfect correspondence to the banking situation, but I think it is close enough for government work.
Joe goes to the track and bets $2 on a horse.
Two guys standing nearby […]

In an attempt to save the apparently fragile financial systems of the world, an agreement has been reached among the administration and congressional democrats, and republicans on the basic points of a deal designed to have the U.S. — specifically you, me, our children, grand-children, and many more future generations — buy distressed and worthless […]

I found the following website while searching the web for information about the current credit crisis and our economic system in general. It takes about three hours to listen/watch all 20 chapters, but was well worth the time in my humble opinion.
http://www.chrismartenson.com/crashcourse
I’d really like to hear from anyone with comments and criticism of the ideas […]

Friday, May 16, 2008
NYT Headline Today: Bush Rebuffed on Oil Plea in Saudi Arabia
I find it sad and embarrassing to have our president pleading with the Saudi’s to produce more oil because the price is too high here in America. Saudi Arabia is the country that produced 15 of the 16 hijackers that perpetrated the […]

Tuesday, April 29, 2008 — Vancouver, WA
According to my bank, my piece of the Economic Stimulus Program — a stupid program from an incompetent federal government that you and I are responsible for by continuing to vote for the bastards — arrived today via electronic banking, zip zip zip, right from “their” account directly into […]

Thursday, April 24, 2008 — Vancouver, WA
I can’t get my arms around the concept of some very large numbers. I’m not sure anyone can. When reading about the cost of our military activity in the Middle East, I start seeing the word “trillion” mentioned, and that the total cost of all this could be two […]

Thursday, March 20, 2008
Follow this link to a short, well written piece by David Leonhardt in the NYTimes that attempts to simplify the complexities of the current credit crisis.
It certainly helped me.
T

Monday, March 17, 2008
Bear Stearns, the large New York based investment bank, was taken over by JP Morgan Chase yesterday in a fed sponsored deal that was unprecedented. The fed’s involvement is so unusual that it’s support of the deal smells of near-panic to many. Bear, which had traded at over $100/share as recently […]

January 2, 2008
You may, or may not, know that I’ve been very interested in the subject of the planet’s consumption of resources — oil in particular, but also clean water and the ability to produce enough food. I’ve read enormous amounts of material on the subject of peak oil. It’s a topic that’s barely visible […]