financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Your Tax Dollars At Work

June 21st, 2008 by reality

Calculated Risk points out the story in the L.A. Times: Did Bank of America write the Dodd bailout bill? Well, what do you think?

By the way, there’s a lot of good stuff on Calculated Risk, it is a professional blog, unlike this personal not-for-money one, and so it gets much more work and attention. I read it and assume that most everyone does too, so I only note the stuff that I think is particularly important to record. This blog is mostly intended as a personal record of what I was reading and thinking through the end of the great bubble era. More the original concept of a blog, rather than the alternate media industry that is developing.

Posted in Government, Rogues and Rascals |

4 Responses

  1. Michael Volpeo Says:

    Of course, they did. This document says as much.

    http://images.redstate.com/FHA%20Housing%20Stabilization%20.PDF

    This scandal is exactly what you think it is. This scandal is absolutely huge. It is massive and in on the corruption is the MSM which refuses to cover it. Here is my detailed summary of the scandal…

    http://theeprovocateur.blogspot.com/2008/06/updated-summary-of-corruption-at.html

  2. Vytas Says:

    Keep blogging, please.

  3. reality Says:

    Certainly. I’m impressed with the amount of work put into the CR blog, it must be almost a full-time job. I’m much more focused on my personal trades and investments as a way to make money.

  4. Vytas Says:

    I read them (Calculated Risk) daily, too.

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