Some Fall 2008 Financial Post Mortum

MoonHowler

Let’s re-examine what the experts say. 

Paulson on AIG and Lehman

Buffett a Year After the Crash

It makes more sense to hear what the experts say than it does for non experts to fight about the economy on the blogs. And if I am not mistaken, Paulson and Buffett are both Republicans. Both have forgotten more about money than I have ever learned. Paulson is also out of Goldman Sachs.  He is well respected and worth a fortune.  He stepped up to the plate to serve his country.  He had nothing to lose and everything to gain. 

Article on Why Lehman Brothers Failed

Buffett’s Greenback Effect

MoonHowler

We have looked at enough stupid. Let’s look at SMART for a while.

I like Warren Buffett. Anyone that rich or who has a fund that functions like Berkshire Hathaway deserves to be listened to. I listened to him last fall when our country sat on the brink of financial disaster. Now he has posted some strong words in the op ed section of the NY Times. I don’t think Buffett is political–he is just old, wise and rich.

IN nature, every action has consequences, a phenomenon called the butterfly effect. These consequences, moreover, are not necessarily proportional. For example, doubling the carbon dioxide we belch into the atmosphere may far more than double the subsequent problems for society. Realizing this, the world properly worries about greenhouse emissions.

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