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    I blame Nixon for taking us off a metal standard.
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    • They are just implementing the equivalent of FDIC insurance, no? Or is this different? Adding FDIC-like insurance to your financial…
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    • Sounds like a tough internal problem, but certainly not state-sponsored stuff. I supposed you are implying that instability should stop…
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    • People in CA are no longer saying I am crazy for moving to NJ a few years back - between…
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    • Not some much anarchy, but jailhouse rules: the more powerful group dominates and further distorts the market to their will,…
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    • point is, there would be actual risk, but you'd know within a day or two if it was a bust…
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    • Sry, touchpad error: 'I am sure you know that the paper market is very short term loans that' .. should…
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    • I suppose the administrating body isn't important. I am sure you know that the paper market is very short term…
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    • I'd like to solicit opinions on Gov't participation in the Commercial Paper Market. Seems like the direct approach is best,…
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    • Nice. Glad to see more folks coming around and doing sensible things like looking to historical examples of what works.…
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    • OH REALLY? http://www.sciam.com/article.cfm?id=leggy-bigdog-robot
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    • I would also point out that our efforts in Afghanistan are (not surprisingly) meeting with failure as well.. http://www.msnbc.msn.com/id/26972132/
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    • The DHS/NSA...?? I now receive all voicemails about a week late, all at once and out of order of receipt.…
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    • 'So we should start doing our wars on the cheap,' thinks Rumsfeld.. Pre-War, the GAO put the high end cost…
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    • Forget humans.. meet something that will disburse a crowd REAL FAST.  Strap some teargas canisters to one of these puppies...
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    • You forget the reality that most of these loans, especially the preditory ones were channeled through mortgage brokers, who certainly…
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    • They are however talking about having the right to renegotiate on a case by case basis.  Perhaps they are confused…
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    • IMHO, it became urgent when the Commercial Paper market froze and China stopped buying T-Bills in the same week. The…
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    • It's interesting that you frame this that way, as I see the two events as rather similar - both have…
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    • From the article you linked: "The implosion in the CP market, which is truly dangerous, is completely the result of…
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