By DJ Durant. Posted Friday, Oct 24, 2008 at 12:36 pm Filed Under: Chris Dodd, Economy, Featured, Spinelessness
Sometimes it takes several days of events to unfold in order for me to put my thoughts in order and develop a coherent article. Such has been the case this week.
I’m a pretty disciplined reader of the Wall Street Journal. It’s not that I don’t want to read other newspapers, but I only have so much time, need to read it for my profession anyway, and can get a liberal prospective from any other media outlet at any time. Sometimes, it helps to read the Journal editorials just so that I know I’m not crazy.
I’ve been following the interesting events lately surrounding the current economic pounding the country is getting. I’ve commented[...]
By DJ Durant. Posted Tuesday, Oct 14, 2008 at 10:52 am Filed Under: Banks
One of the reasons the Dow Industrials index rose 936 points and the broader indices rose more than 11% in one day was because on a global scale governments decided to inject capital into banks and financial institutions. As I read today’s Wall Street Journal, the credit markets had become so dysfunctional that the only [...]
By DJ Durant. Posted Wednesday, Sep 24, 2008 at 11:54 am Filed Under: Chris Dodd, Economy, Featured, Federal Reserve, US Congress, US Treasury
At 6:00 this morning I was in the middle of my daily 15 minute workout routine, watching CNBC’s Squawk Box and trying to get a read on the markets. If you’re unfamiliar with this show, it’s hosted by Joe Kernan, Becky Quick and Carl Quintinilla. If my local cable provider would broadcast Fox Business, I’m sure [...]