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	<title>There Is No Plan &#187; Paulson</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>AIG. Was the Bailout From Hell a Mistake?</title>
		<link>http://www.thereisnoplan.com/2009/03/19/aig-was-the-bailout-from-hell-a-mistake/</link>
		<comments>http://www.thereisnoplan.com/2009/03/19/aig-was-the-bailout-from-hell-a-mistake/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 09:57:57 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[blankenfein]]></category>
		<category><![CDATA[Bonuses]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economic Meltdown]]></category>
		<category><![CDATA[fed]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[grassley]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.thereisnoplan.com/?p=1021</guid>
		<description><![CDATA[The word du jour right now is &#8220;rathole&#8221;, a rather ugly expletive that equates to plughole, drain, succubus, and other such unpleasantries. It may however be too polite a phrase for what is going on right now with the bailout of AIG, the government&#8217;s new pet project that looks like it&#8217;s going to hand the [...]]]></description>
		<wfw:commentRss>http://www.thereisnoplan.com/2009/03/19/aig-was-the-bailout-from-hell-a-mistake/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Stimulus Package. The Politics Of Panic.</title>
		<link>http://www.thereisnoplan.com/2009/02/20/stimulus-package-the-politics-of-panic/</link>
		<comments>http://www.thereisnoplan.com/2009/02/20/stimulus-package-the-politics-of-panic/#comments</comments>
		<pubDate>Sat, 21 Feb 2009 05:46:49 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[Bush]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[stimulus package]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/2009/02/20/word-flog-stimulus-package/</guid>
		<description><![CDATA[Who came up with the cockamamie idea of the &#8216;economic stimulus&#8217;? The Bushies. During the post Bear-Stearns policy meltdown, when Paulson and his merry band of idiots put together policy on the fly, all we heard was how we needed to stimulate the economy. Well, we did an awful lot of stimulating but we&#8217;re in [...]]]></description>
		<wfw:commentRss>http://www.thereisnoplan.com/2009/02/20/stimulus-package-the-politics-of-panic/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Some Bailouts Are Big Gifts. Some Bailouts Are Bad Loans.</title>
		<link>http://www.thereisnoplan.com/2008/12/08/some-bailouts-are-big-gifts-some-bailouts-are-bad-loans/</link>
		<comments>http://www.thereisnoplan.com/2008/12/08/some-bailouts-are-big-gifts-some-bailouts-are-bad-loans/#comments</comments>
		<pubDate>Tue, 09 Dec 2008 06:38:02 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[Auto industry]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[barney frank]]></category>
		<category><![CDATA[BMW]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Economic Meltdown]]></category>
		<category><![CDATA[Ford]]></category>
		<category><![CDATA[gift]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[government bailout]]></category>
		<category><![CDATA[handout]]></category>
		<category><![CDATA[Honda]]></category>
		<category><![CDATA[loan]]></category>
		<category><![CDATA[loan shark]]></category>
		<category><![CDATA[Nissan]]></category>
		<category><![CDATA[Pandit]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[Pelosi]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Toyota]]></category>
		<category><![CDATA[Volkswagen]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=509</guid>
		<description><![CDATA[Maybe it&#8217;s the rise of the Internet that did it, but there are an awful lot of lemmings in the fourth estate these days. Once the zeitgeist gets hold of a word it&#8217;s everywhere fast. That&#8217;s especially true of catch-all terms that lose their meaning the moment anyone begins to dig even a tiny bit [...]]]></description>
		<wfw:commentRss>http://www.thereisnoplan.com/2008/12/08/some-bailouts-are-big-gifts-some-bailouts-are-bad-loans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>700 Billion is the New $7 billion</title>
		<link>http://www.thereisnoplan.com/2008/12/06/700-billion-is-the-new-7-billion/</link>
		<comments>http://www.thereisnoplan.com/2008/12/06/700-billion-is-the-new-7-billion/#comments</comments>
		<pubDate>Sat, 06 Dec 2008 22:02:42 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Forbes]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[G7]]></category>
		<category><![CDATA[G8]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[New Deal]]></category>
		<category><![CDATA[New New Deal]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[public works]]></category>
		<category><![CDATA[T-bills]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[Treasury Bills]]></category>
		<category><![CDATA[US Debt]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=487</guid>
		<description><![CDATA[Things are turned way around when Liberals are agreeing with quirky, flat-tax Steve Forbes, but when called Hank Paulson the &#8220;worst Treasury Secretary in living memory&#8221; there are few diehard progressives that would disagree. But old Hank has at least done us one big, big favor. By steamrolling through the TARP at a cost of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		<wfw:commentRss>http://www.thereisnoplan.com/2008/12/01/the-fix-is-in-part-two/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I Can&#8217;t Take My Eyes Off The Dow&#8230;</title>
		<link>http://www.thereisnoplan.com/2008/11/26/the-marketing-of-the-dow-jones-industrials-more-bs/</link>
		<comments>http://www.thereisnoplan.com/2008/11/26/the-marketing-of-the-dow-jones-industrials-more-bs/#comments</comments>
		<pubDate>Wed, 26 Nov 2008 22:17:08 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[advisors]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[DJI]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[equity market]]></category>
		<category><![CDATA[Free market ideology]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[gyrations]]></category>
		<category><![CDATA[hypnosis]]></category>
		<category><![CDATA[Market Volatility]]></category>
		<category><![CDATA[Nasdaq]]></category>
		<category><![CDATA[obsession]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[stock markets]]></category>
		<category><![CDATA[ticker]]></category>
		<category><![CDATA[Transition]]></category>

		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=323</guid>
		<description><![CDATA[The Dow Jones Industrials are widely regarded as a pretty poor indicator of where the overall equity markets stand, let alone the real economy. As one hedge fund manager suggested, &#8220;equity markets are a zit next to the bond markets.&#8221; And let&#8217;s not even mention the vast trillions in the derivative markets which have damaged [...]]]></description>
		<wfw:commentRss>http://www.thereisnoplan.com/2008/11/26/the-marketing-of-the-dow-jones-industrials-more-bs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		<wfw:commentRss>http://www.thereisnoplan.com/2008/11/25/treasury-runs-out-of-money-to-give-away-fed-rides-in/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</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>
		<wfw:commentRss>http://www.thereisnoplan.com/2008/11/24/the-fix-is-in-the-long-and-the-short-of-wall-street/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</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>
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