american.com - 10/5/2008
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Main Street remains suspicious of government plans to buy distressed mortgage assets. Leading politicians and newspaper editorials are struggling to explain how the financial bailout will help Main Street. They see that the challenge is to get the American people to come around. In fact, it is ...
livescience.com - 10/3/2008
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livescience.com —
The outrage expressed by many so-called Main Street
folks over the proposed Wall Street bailout is based...
on more than a sense of injustice. It's about revenge, a basic animal instinct shared by humans, chimpanzees and even blue-footed boobies. And ...
(more)
Animal Instincts: Main Street Seeks Revenge on Wall Street
canadiancapitalist.com - 10/4/2008
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canadiancapitalist.com —
There is a lot of public anger on
the $700 billion dollar bailout that is being proposed...
by the Bush Administration. The typical reaction is why bail out well-paid fat cats on Wall Street, who are responsible for the current mess anyway. While it is ...
(more)
Why Bailout Wall Street?
gothamist.com - 10/9/2008
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gothamist.com —
It has not been a good time on
Wall Street , and now it's gotten even lower....
Reader Adalis writes, " Someone spray painted the Wall St. Bulls balls blue. It was gone in a few hours, but I snapped some quick pics."
(more)
Wall Street Really Needs Relief
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The Bailout Isn't As Bad As You Think
Stefan Karlsson's blog —
The Bailout Isn't As Bad As You Think It's worse , argues Arnold Kling. posted by stefankarlsson at 12:42 PM [image] [image]
More Commentary on the Financial Mess
Greg Mankiw's Blog —
Thomas Sowell Arnold Kling Martin Feldstein
Two Puzzles of Current Macroeconomic Condition
EconLog: Library of Economics and Liberty —
... --GDP has fallen about as far as expected --employment has fallen more than expected If this is a fair characterization, it raises two puzzles. 1. If the bank bailouts worked at saving the banks, then how come we still wound up with such a severe recession? 2. Why is the severity of the recession so much greater in the labor market than in the goods market? My answer to (1) is that the bailouts were only good for the banks, not for the economy as a whole. Of course, I was never a fan of the bailouts, so you might want to discount my answer as confirmation bias. My answer ...
Related Content
Main Street > Wall Street
macro-man.blogspot.com 9/29/2008 — Clearly there are more voters on Main Street than Wall Street, and we all know that the first job of a Congressman in October is to make sure that he is a Congressman in January. Regardless of whether "the package" was a good idea or not, it doesn't ...
It’s as Bad on Main Street as Wall Street
jeffmatthewsisnotmakingthisup.blogspot.com 10/3/2008 — A long-standing observation of ours is this: the further you get away from Wall Street, the more optimistic you get. On Wall Street, stocks go up and down—sometimes violently—every hour, minute and second of the trading day. Wall Street’s Finest ...
From Wall Street to Main Street... Credit Frozen
econompicdata.blogspot.com 10/9/2008 — The Federal Reserve just released Consumer Credit data for August and it isn't pretty. For the first time since early 1998, seasonally adjusted month over month consumer credit outstanding turned negative AND this was BEFORE markets completely froze ...
Wall Street worries, Main Street woes
macroblog.typepad.com 9/25/2008 — A fair amount of the discussion around what now seems to be an imminent rescue plan to settle unsettled financial markets has been focused on a debate as to whether Main Street should pay or Wall Street should pay for the plan. Pimco’s William Gross, ...
Don't Bail out Wall Street; Re-invigorate Main Street
informationarbitrage.com 9/26/2008 — Needless to say, Messrs. Paulson and Bernanke's $700 billion rescue package has ruffled a few feathers on Wall Street, Main Street, and the Legislative and Executive branches of the U.S. Government. Some say "Do it now or else we'll have financial ...
Why Main Street should support this rescue
accruedint.blogspot.com 10/1/2008 — You know its bad when my wife, who under normal circumstances immediately dozes off when I start talking economics, is checking finance blogs looking for news on the credit markets. She is getting into heated arguments with friends over the bail out ...
Wall Street News & Articles on washingtonpost.com
washingtonpost.com 9/15/2008 — Wall Street Articles After America's fury, Wall Street has changed forever (Independent, Ireland) 10/1/2008 12:03:35 AM Taipei shares open higher on Wall St bounce, local ban on short-selling (Forbes) 9/30/2008 11:53:00 PM Slow Rise for a New Era ...
2009 will be the nightmare on Main Street
VoxEU.org 11/19/2008 — Nicholas Bloom , 18 November 2008 Every economist is predicting a macabre 2009, but no one knows for sure how bad things will get or who will survive. This column, by comparing the current crisis to uncertainty shocks of the last 40 years, predicts ...
William H. Gross - How Main Street Will Profit
washingtonpost.com 9/25/2008 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
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