economistsview.typepad.com - 3/23/2009
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Imagine a car lot that has 100 cars on it. However, some of these cars have problems. Half of them will have engine troubles that total the cars - the engines blow up and the cars are then worthless - and this will happen just after purchase. The other half are perfectly fine. Unfortunately, ...
techcrunch.com - 3/26/2009
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techcrunch.com —
The California legislature is considering regulating the color
of cars and reflectivity of paint to reduce the...
energy requirements to cool them. A presentation on the proposed legislation by the California Air Resources Board is below. The problem ...
(more)
California May Ban Black Cars
washingtonpost.com - 3/27/2009
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washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from...
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
(more)
California May Ban Black Cars
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Blog Reactions
The Market in Toxic Cars
Matthew Yglesias —
... Mark Thoma has an extremely useful post that helps elucidate the structure of different plans for dealing with “toxic assets” by way of a little analogy. Here’s the setup: ...
Plans, Plans, Plans
The Glittering Eye —
... Obama has apparently settled on a financial plan that, in essence, assumes that banks are fundamentally sound and that bankers know what they’re doing.
It’s as if the president were determined to confirm the growing perception that he and his economic team are out of touch, that their economic vision is clouded by excessively close ties to Wall Street. And by the time Mr. Obama realizes that he needs to change course, his political capital may be gone.
And Mark Thoma presents what is to my mind the best explanation of the various plans that have been ...
Related Content
In Cars
driftglass.blogspot.com 11/19/2008 — Following up on the overwhelmingly popular success of the driftglass plan to save the country from being Eated by Toxic Mortgages comes the sequel: How to save the U.S. Auto Industry. In our last exciting episode we learned that trying to fix ...
Are Tiny Cars Unsafe?
meganmcardle.theatlantic.com 4/20/2009 — There's been a lot of chatter around the blogosphere about the Institute for Highway Safety's report indicating that mini cars fare worse in car crashes than larger vehicles. This is not exactly news--conservative pundits, and the laws of ...
You say 'toxic,' he says 'legacy'
washingtonmonthly.com 3/23/2009 — YOU SAY 'TOXIC,' HE SAYS 'LEGACY'.... In a Wall Street Journal op-ed this morning, Treasury Secretary Tim Geithner offers some analysis on his response to the banking crisis. He takes care to avoid to "t" word. Today, we are announcing...
Now That's What I Call Toxic!
obsidianwings.blogs.com 2/27/2009 — by hilzoy During the past year or so, I have sometimes wondered exactly how toxic all those toxic assets really are. It's hard to tell, since they differ from one another, and are not traded that often. However, the Financial Times ( h/t ) has ...
Toxic TARP
corner.nationalreview.com 2/23/2009 — A front-page story in the February 23 Wall Street Journal describes a plan to let the government convert its preferred shares in Citigroup to common stock, taking 25-40% ownership.
It could be worse. A brilliant February 19 Journal report by Peter ...
The Toxic Assets We Elected
washingtonpost.com 3/24/2009 — With the braying of 328 yahoos -- members of the House of Representatives who voted for retroactive and punitive use of the tax code to confiscate the legal earnings of a small, unpopular group -- still reverberating, the Obama administration ...
What A Toxic Asset Looks Like Up Close
simplifythepositive.blogspot.com 4/6/2009 — When you have this kind of perspective on these toxic assets, you begin to truly see how insidious this latest national financial calamity is for us. You see people who have put good money behind good faith, paying on first mortgages with 10% and 12% interest rates.
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