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Buffett says bailout may cost taxpayer nothing

Buffett Right, U.S. Bank Plan May Cost Nothing

Sept. 25 (Bloomberg) — President George W. Bush, billionaire Warren Buffett and BlackRock Inc.’s Laurence Fink are “absolutely” right to say a $700 billion U.S. plan to buy assets from financial firms may cost taxpayers nothing even with purchases at above-market prices, a top-rated analyst said.

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September 26th, 2008 | Tags: , , , , , , , , , , , , | Category: Current Events | One comment - (Comments are closed)

Poetry Friday

Another little bit of word wisdom from one of my favorite poets in the Guerilla Poetics Project.

making lemonade

whenever anything went wrong my father would say,

“when life hands you a lemon, son, make lemonade.”

it is probably something he read on a stupid poster in one of those inspirational stores every mall in [...]

September 26th, 2008 | Tags: , , , , , , , | Category: Word Play | 2 comments - (Comments are closed)

Thank you, GOP!

From the New York Times:

Bailout Plan Stalls After Day of Talks; Paulson Heads Back to Capitol Hill – NYTimes.com

WASHINGTON — The status of a rescue plan for the nation’s financial system was in doubt on Thursday, at least for the moment, as lawmakers emerged from a meeting with President Bush to say that [...]

September 26th, 2008 | Tags: , , , , , , , , , | Category: Current Events | 4 comments - (Comments are closed)