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The meltdown - summarizedQuick and to the point
"The
Fed has been creating new vehicles right and left for nearly 18 months, so the
problem isn't a lack of liquidity. The problem is that too few people want to
use the liquidity the Fed is creating. They don't want to lend money, or take
risks, in part because they never know what Mr. Bernanke and the government
might do
next."
— Leadership and Panics, The Wall Street Journal I'm still waiting for Obama to show something different. 
Posted: Thu - January 15, 2009 at 01:30 PM
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 Pagan Vigil
Pagan philosopher, libertarian, and part-time trouble maker, NeoWayland watches for threats to individual freedom or personal responsiblity. There's more to life than just black and white, using only extremes just increases the problems.  My Thinking Blogger Nominees
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