The Age of Greed:
Are we witnessing the end of the age of greed? Thomas Friedman, at The New York Times, wants us to read Michael Lewis's essay at Portfolio.com, "The End," in trying to determine the answer to this question. Naturally, the answer, as always, is that only time will tell. Lewis is the author of the 1989 classic tell-all, Liar's Poker.
By the way, don't miss The New York Times' story about the mom who has to forgo buying herself designer jeans so she can buy her daughter all of the latest toys for Christmas. Times are tough all over.
Priming the Pump:
The federal government plans to "deploy up to $800 billion" so that Americans can start borrowing money again. (See The Washington Post story.) If you've got kids who need a college loan, this should be good news, but it's certainly different from any sort of public works program that could fuel the economy.
In the Meantime:
Americans' food stamp use nears all-time high.
Are we witnessing the end of the age of greed? Thomas Friedman, at The New York Times, wants us to read Michael Lewis's essay at Portfolio.com, "The End," in trying to determine the answer to this question. Naturally, the answer, as always, is that only time will tell. Lewis is the author of the 1989 classic tell-all, Liar's Poker.
By the way, don't miss The New York Times' story about the mom who has to forgo buying herself designer jeans so she can buy her daughter all of the latest toys for Christmas. Times are tough all over.
Priming the Pump:
The federal government plans to "deploy up to $800 billion" so that Americans can start borrowing money again. (See The Washington Post story.) If you've got kids who need a college loan, this should be good news, but it's certainly different from any sort of public works program that could fuel the economy.
In the Meantime:
Americans' food stamp use nears all-time high.
Labels: The Economy
posted by Jim | 8:44 AM
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