Structuralism

Interesting comments from Naked Capitalism. I had wondered what the new influx of T-Bills would do, but here is a better analysis than mine.
Bailout Bill To Make Money Market Liquidity Crunch Worse?
The bailout, I mean rescue plan, can be seen as nothing less than a new Ponzi scheme. It works like this:
Fed as only [...]

From Ex-bankers on pushing customers to rack up debt - CNN.com:
“Americans now carry $850 billion in credit card debt. Consumer groups are lobbying Congress to include better protection for credit card holders, demanding legislation to prevent what they call unjustified interest charges and deceptive practices, especially in light of the massive financial bailout now [...]

My cofounder and I just made Inc Magazine’s list of the Top 30 Entrepreneurs Under 30. Obviously, I am pretty excited.
Top 30 Entrepreneurs Under 30 - Rahim Fazal and Noah Horton, Involver, Leading Your Company Article - Inc. Article

While I dislike bailouts on principle, the current proposal for buying up bad loans is possibly the worst idea in this entire crisis.  We will be dealing with the negative repercussions of this for decades.  The Washington Post has a great op-ed on better options.
Charles Calomiris of Columbia University and Douglas Elmendorf of the Brookings [...]

Freakonomics, a consistent source of great material, has an outstanding (albeit very long) explanation of the events of the last few days in the financial world.  This is a great source of comprehensive information on what happened and why.
Thanks to Jeff Nolan for pointing out this gem.