Friday, September 19, 2008
That's "Current Financial Cluster F#@k" -- if you have a better name, let me know.
This is good and seems right to me, except I think short selling might actually be a problem now, but I defer to wiser heads. I worry about bear raids triggering a degrading of a bank's credit rating, for instance, but maybe that doesn't really happen.
McCain sounds like a complete idiot, but he means well. Obama is no idiot, but he does not mean well.