The coming financial crisis

[rjs246]

Mostly because people are idiots.

[reese125]

I don't understand why bac stock is up

traders thought B of A's capital shortfall was about $70 billion, but it was reported only $35 billion.... so they rejoiced

[Sgt PSN]

my g/f was just cut back to 32 hrs a week.  next step is layoffs which i'm sure will happen over the summer unless business picks up.

[Butchers Bill]

I don't understand why bac stock is up

traders thought B of A's capital shortfall was about $70 billion, but it was reported only $35 billion.... so they rejoiced

Werd.  I got in at $4.76/share so my IRA is happy.

[Father Demon]

my g/f was just cut back to 32 hrs a week.  next step is layoffs which i'm sure will happen over the summer unless business picks up.

Maybe she can add some moves to her repertoire and start getting some 5's and 10's from her customers instead of the usual 1's.

[rjs246]

If my parents try to move in with me I am going to be very farging displeased.

[General_Failure]

Ban Metamucil, make it a felony possession punishable by death. Boomer problem solved.

[Diomedes]

http://www.storyofstuff.com/

20 minute video worth watching

[rjs246]

A succinct explanation of why the Auto bailouts were not only a bad idea, but borderline illegal.

[rjs246]

Krugman lights up Reaganomics.

[PoopyfaceMcGee]

Reagan shot down the fundamentals of fiscal conservativism, and Dubya kicked dirt on its grave.

[rjs246]

More from Krugman

This dude has a douchey tone, but he's a nobel prize winner so I guess that's something.

[rjs246]

Politics and Unions standing in the way of a common sense component of Health Care reform.

[rjs246]

A VERY long New Yorker article on Health Care (written by a surgeon) and the factors that have led to such inflation of cost.

It also uses examples of several hospital centers around the country that are following a design of efficiency that has improved medical care and reduced costs drastically (the Mayo Clinics, Geisinger, etc.).

None of you illiterate monkeys will read an article this long, but it was fascinating.

[reese125]

a well-written article indeed

Ive been in the medical arena for years and have spoken to many surgeons who would rather prescribe every precaution necessary to avoid the rigors of a malpractice suit. Not to mention that advancement in medical technology has been used more as an unnecessary crutch than whats actually "supposed" to be prescribed to the patient

On one side I cant say that I blame them, but I agree with the author that too many medical based decisions are levied toward whats goes into their pocket and its crushing