Benjamin Montgomery

Interesting Links For 10/2/08

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Top links for today are…

  1. Bankruptcy Not Bail Out Is The Right Answer: The current mess would never have occurred in the absence of ill-conceived federal policies. The federal government chartered Fannie Mae in 1938 and Freddie Mac in 1970; these two mortgage lending institutions are at the center of the crisis. The government implicitly promised these institutions that it would make good on their debts, so Fannie and Freddie took on huge amounts of excessive risk…
  2. Stunning Chandelier Made With Plastic Bottles: Decently cool and creative.
  3. The Katrina Myth, The Truth About A Thoroughly Unnatural Disaster: Video
  4. Senate Passes Bailout Bill:  This is the roll call.  Lucky for us our Senators both voted “NO”


Written by benmont1981

October 2, 2008 at 7:26 am

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