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User Journal

Journal: Market Failure 1

Journal by cyphercell

I just saw on Larry King live that we lost 1.2 Trillion dollars today. That's money you and I (Mainstreet) lost by the way. Personally, I'm thoroughly confused. It seems like the 700bn deal received input from everyone in the Senate, both Republicans and Democrats. Why did it ultimately fail? The text of the deal is available on the internet http://www.huffingtonpost.com/2008/09/28/bailout-legislation-full_n_130063.html, anyone care to explain?

The American public is wholeheartedly opposed to the bailout. Me I'm all for it, I don't understand how on earth this bill failed. My take on the situation is that Wachovia collapsed this morning and was purchased by Citigroup at $1/share and the American tax payer missed out on this incredible deal. Wachovia is certainly worth more in the long run than $1/share, that is why Citigroup purchased it. Instead of the tax payer getting in on "fire-sale deals", we are standing on the sidelines watching the Senate argue, all the while watching our markets fail. So, what's going on people?

User Journal

Journal: Favorite Articles

Journal by cyphercell
http://slashdot.org/article.pl?sid=07/05/01/1229242
Lists some issues with google and search engine optimization.

http://ask.slashdot.org/article.pl?sid=07/04/28/0154256
Covers solutions for remote deployment on windows.

http://ask.slashdot.org/article.pl?sid=07/04/28/019243
Interviewing potential managers.

http://ask.slashdot.org/article.pl?sid=07/04/27/029243
Contract negotiations for employment.

http://ask.slashdot.org/article.pl?sid=07/04/19/1920221
Learning more about Linux.

http://ask.slashdot.org/article.pl?sid=07/04/18/2319209
Selecting a software license.

http://ask.slashdot.org/article.pl?sid=07/04/18/2312218
Article on documentation.

http://ask.slashdot.org/article.pl?sid=07/04/16/1913242
Article on phone support.

http://ask.slashdot.org/article.pl?sid=07/04/05/2311242
Leadership in open source software.

http://developers.slashdot.org/developers/07/05/02/1942244.shtml
AJAX Framework and Library review.

http://it.slashdot.org/article.pl?sid=07/03/31/0645227&from=rss
PCI DSS.

http://ask.slashdot.org/article.pl?sid=07/05/16/229219
Pointy Hairs

http://books.slashdot.org/article.pl?sid=07/06/06/1352210
Professional Drupal Development, a book review.

http://ask.slashdot.org/article.pl?sid=07/06/22/1526234
How to join an existing OSS project.

http://linux.slashdot.org/article.pl?sid=07/06/23/2057203
A CIO looks at Suse Linux and others.

http://ask.slashdot.org/article.pl?sid=07/06/22/148249
Linux ISOs.

http://ask.slashdot.org/article.pl?sid=07/07/29/1914203
OSS ticketing systems, well ticketing systems in general.

http://it.slashdot.org/article.pl?sid=07/08/08/222223
Beautiful code.

http://science.slashdot.org/article.pl?sid=07/11/13/2319204
Rules of the Swarm (Swarm Intelligence - AI)

...there can be no public or private virtue unless the foundation of action is the practice of truth. - George Jacob Holyoake

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