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	<title>There Is No Plan &#187; credit crisis</title>
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	<link>http://www.thereisnoplan.com</link>
	<description>Risk-averse policymakers should not read this blog.</description>
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		<title>The Fix Is In &#8211; Part Two</title>
		<link>http://www.thereisnoplan.com/2008/12/01/the-fix-is-in-part-two/</link>
		<comments>http://www.thereisnoplan.com/2008/12/01/the-fix-is-in-part-two/#comments</comments>
		<pubDate>Mon, 01 Dec 2008 22:33:14 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[Economic Meltdown]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Long]]></category>
		<category><![CDATA[Nasdaq]]></category>
		<category><![CDATA[NYSE]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Short Sellers]]></category>
		<category><![CDATA[Traders]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=387</guid>
		<description><![CDATA[Today, a distinguished board of economists said the country had been in a recession since December &#8217;07, a statement that normally the markets would have discounted, because, yeah, like we knew that. But no, the market&#8217;s took a massive swoon, again, giving back all the hard earned gains of the past week&#8217;s rally. Call it [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Treasury Runs Out Of Money To Give Away. Fed Rides In</title>
		<link>http://www.thereisnoplan.com/2008/11/25/treasury-runs-out-of-money-to-give-away-fed-rides-in/</link>
		<comments>http://www.thereisnoplan.com/2008/11/25/treasury-runs-out-of-money-to-give-away-fed-rides-in/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 16:22:28 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Economic Meltdown]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[toxic assets]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=299</guid>
		<description><![CDATA[This is getting silly. Two days ago, Toxic assets were out. Then Treasury bailed out Citigroup&#8217;s&#8230;toxic assets. And now the Fed (they&#8217;re the ones who actually print all those T-bills) have taken over and pledged $800 billion to bail out all toxic securities built on consumer credit card debt. In one fell swoop that&#8217;s a [...]]]></description>
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		</item>
		<item>
		<title>The Fix is In &#8211; The Long and the Short Of Wall Street</title>
		<link>http://www.thereisnoplan.com/2008/11/24/the-fix-is-in-the-long-and-the-short-of-wall-street/</link>
		<comments>http://www.thereisnoplan.com/2008/11/24/the-fix-is-in-the-long-and-the-short-of-wall-street/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 20:50:14 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[collusion]]></category>
		<category><![CDATA[conspiracy]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[invesmtment banks]]></category>
		<category><![CDATA[Market Volatility]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[pump and dump]]></category>
		<category><![CDATA[Traders]]></category>
		<category><![CDATA[tradiing floor]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=291</guid>
		<description><![CDATA[Another bumper day on the Street. The Government bails out another basket case bank. Everything&#8217;s right with the world. Hurrah! Yet again, Wall Street proves it&#8217;s an utterly amoral, self-interested, club that has nothing whatsoever to do with you and me. Massive market volatility, huge gains on the basis of nothing, followed by huge losses [...]]]></description>
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		</item>
		<item>
		<title>The Cannibalism Of Capitalism</title>
		<link>http://www.thereisnoplan.com/2008/11/24/the-cannibalism-of-capitalism/</link>
		<comments>http://www.thereisnoplan.com/2008/11/24/the-cannibalism-of-capitalism/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 19:22:52 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[cannibalism]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[consumer debt]]></category>
		<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[feedback loop]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[industrial policy]]></category>
		<category><![CDATA[institutions]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[real economy]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[self-defeating]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Transition]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[walmart]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=270</guid>
		<description><![CDATA[There&#8217;s something diabolical about a creature that consumes itself. It seems so profoundly irrational, so utterly insane. We file stuff like that in some &#8216;unspeakable&#8217; part of our minds. Except that we live it every single day. Capitalism is a great system in many ways, but it has a tendency to destroy itself if left [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Let&#8217;s Talk About &#8220;The System&#8221;</title>
		<link>http://www.thereisnoplan.com/2008/11/24/lets-talk-about-the-system/</link>
		<comments>http://www.thereisnoplan.com/2008/11/24/lets-talk-about-the-system/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 18:28:48 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[banking disaster]]></category>
		<category><![CDATA[boycott]]></category>
		<category><![CDATA[Bush]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[consumer debt]]></category>
		<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Economic Stimulus]]></category>
		<category><![CDATA[Foreclosures]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[law enforcement]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[rebellion]]></category>
		<category><![CDATA[revolution]]></category>
		<category><![CDATA[The system]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=265</guid>
		<description><![CDATA[Back in the eighties there was an awful lot of talk about the nefarious &#8220;system&#8221;, a deep and dark conspiracy of the powerful to keep down the powerless. Before resentment became a tool of the right, it was a clarion call of the unreconstructed left, a youthful, incoherent, but somehow meaningful rallying cry that drove [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>When Will Hank Paulson Be Done Wrecking The Country?</title>
		<link>http://www.thereisnoplan.com/2008/11/23/when-will-hank-paulson-be-done-wrecking-the-country/</link>
		<comments>http://www.thereisnoplan.com/2008/11/23/when-will-hank-paulson-be-done-wrecking-the-country/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 06:53:23 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[bad bank]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[banking collapse]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[NPR]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Transition]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=259</guid>
		<description><![CDATA[He&#8217;s got less than two months to do it, but it&#8217;s possible that by the time Obama gets into the hot seat, America may be in a very nasty depression. Take Hank&#8217;s words of wisdom for example on NPR. November 13th. Nobody is asking themselves anymore is there some major institution that might fail&#8230; November [...]]]></description>
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