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Dougist.com is mak'n a commotion in the new wired world, writing about business, finance, art, and about being a writer in New York City - our readers are those who didn’t forget that thinking people can read more than 55 words at one time, can sti
Recent Posts Tagged With 'wall street bail out'
No Armageddon, Not Yet
One of the things I’m surprised about is the resiliency of the economy. Things are flattening out, opportunists are making their moves on low prices in many industries. Business is starting up again, mostly because credit is beginning to flow out o...
Big Heros Don’t Solve Small Problems
Back when I was in commerce we’d watch a young executive making a play for relevance and import and say, “Big heros don’t solve small problems.” It’s a version of the old “make a mountain out of a mole hill” idea, but much more dangerou...
RIP Mark-to-Market
The first good news to emerge since the start of the Financial Crisis came out yesterday as the remarkably dumb regulations requiring Mark-to-Market accounting were repealed. Maybe the government can do some good, after all. Mark-to-Market (MtM) acco...
Ginsberg Pays Taxes
They are Looting My Tax Dollars! Neil Cavuto, who can be like a rabid dog off of its meds, dressed down Congressman Alan Grayson (D-FL) Tuesday over the “Pay for Performance Act,” a bill Grayson is pushing on the Hill. You can’t miss the clip,...
Populist Outrage, It’s All The Rage
Populist outrage, it’s all the rage. Everyone’s doing it. Newsweek’s cover story screamed about it. Barney (“I want a list of names!”) Frank is leading it. Anarchist children in London are sharing their view of a utopian future by breaking ...
They’re not the pirates, we are
John Renesch runs a thoughtful blog over at The Global Dialogue Center. His recent post was called "Wall Street Skull and Crossbones". I took issue with his emotional characterization of bankers as pirates. He wrote: "Their sole purpose is to make ...
Congress to America: Drop Dead
I’m not sure I know how to react to the news today that the House of Representative defeated the bill giving Treasury the ability to purchase mis-priced assets from the banking system. As the market collapsed, $1.1 trillion was destroyed in fallin...
Are Americans worthy of being saved?
Are Americans worthy of being saved? During this financial crisis I have been wandering the halls of academia, blog space and the business world and I'm shocked by our people's lack of comprehension about what is going on in the economy. The misperc...
Comments on the current crisis - Regulation
As a follow on to my last post, and in the spirit of more regulation is good (the protest cry from the streets these days following Wall Street's crisis), here are two ideas where we might be able to do more with less: Fedealize insurance regulation...
Comments on the current crisis
An angry and probably jealous nation is getting ready to make some big mistakes in financial industry regualtion. Given that the media has been driven into a psychotic incoherent rage, first over the popularity of Sara Palin, and then by the incompr...
