Tag Archives: bail-out

Morning commute 3.10.08

By train this morning. Dep 7.25 Auburn. Flinders St by 7.40. Coffee Flinders Lane. Dow down 3 and a bit. US House defers vote on Bailout Bill to Friday their time. Biden v. Palin cage death match hours away. The glaciers of the Ruwenzori range in Uganda are water. The black thing running up and [...]

Don’t panic, we’re well placed

With the US bailout sitting in pieces on the floor of the House, now they’re talking about the US Fed taking an equity stake in leading banks. free market capitalism? Last week’s idea already. Lets nationalise the banks. Help. Australia. Got to have the Australian angle, how else could we digest this moment? “We are [...]