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Boomerang! BlogThursday, September 25, 2008 Lot's of explaining to do... I've been spending hours talking with 12-year old Natalie about the financial meltdown, while simultaneously writing a story on regulation. Last night the President of the United States went on television to let us know that well, maybe the fundamentals of our economy aren't doing so hot after all. The Presidents speech was preceded by comments from a VP candidate saying, unless we act quickly, we may be headed towards a second Great Depression. The stock market? As I write this, at 10 am Pacific, Sept 25th 2008, the Dow Jones is up 250 points for the day. BOOMERS I've written this next line differently 8 times... failing each time to construct a cohesive follow-up. So let's try: "How do you like THEM apples?" posted by Boomerang! 10:01 AM 1 Comments   Monday, September 15, 2008 Regulation Anyone? I guess this is a good a day as any to write a story about regulating stuff... whether it's hurtful things that are said about others, pollution -- or financial institutions. The last 25 years has brought about a dramatic pullback from "regulation". The rationale? Individuals and institutions are self-regulating. Well, in a perfect world maybe. But not in this one. History has seen extremes to both sides of this concept. A good case could be made that we're in one right now. That's one Big Idea coming up! posted by Boomerang! 8:06 AM 0 Comments
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