I'm not impressed. A google search? Maybe he could google some brains.

The massive transfusion of money into Wall Street would only matter if the reasons that caused the derivatives bubble were corrected. The obvious heist by Henry Paulson and friends was bad enough, but nothing has changed to prevent another rip-off. The only lesson the Wall Street thugs learned was that they have a blank check from the US taxpayers anytime their reckless dealmaking goes bad.

Of course, there's a limit to how many trillions we can add to the debt before the whole thing crashes down, but why find out where that limit is?

From what I can see, the last money went for unloading toxic assets and now the fraudulent securities game is back on. The same Wall Street people who caused this mess are fighting any attempts to change the lack of rules, and have begun doing the same scams again for the same reason: bonus money. That's what's driving the whole scenario: A few thousand people are trying to get rich and they don't care what damage they do to accomplish this.

If we had just paid this group billions to do nothing we would be so much better off. But we're in a death grip now and the snakes are tightening on us with every breath.

The government of the United States is now a subsidiary of Goldman Sachs and President Obama appears powerless or unwilling to fight back.

It's hard to accept this but the worst official in the Bush administration other than W himself, was not Dick Cheney or Donald Rumsfeld. I'm talking about the most damage to the future of America here - our real national security tied to economic solvency.

It's starting to look more and more like the worst villain in this piece was Henry Paulson.

genius I say, pure genius

Stay tuned for the Presidental Twitter address...

Not that you'd know it from the piece-of-crap AP story, but Summers listed Google searches last among several signs of less fear of economic catastrophe—and he mentioned it at least somewhat tongue-in-cheek. You really do need to go to the primary sources; the filters can't be trusted. What Summers said:

Consider the following indicators:
A majority of businesses now report that they expect improved market conditions, the opposite of six months ago.
Consumer sentiment has also begun to improve.
Options are now pointing to less than a one percent chance of the Dow falling below 5,000 this year, when they were once better than one in six.
The implied 10-year default rate on investment grade corporate bonds has fallen by a third.
Municipalities can again issue bonds, and their borrowing costs have fallen to Treasury rates or below.
And the pace of GDP contraction is slowing and many private forecasters expect to see positive growth in the second half of this year.
And...because I know you're all eager to know about Google searches...hits for economic depression have returned to baseline levels.

Summers listed Google searches last among several signs of less fear of economic catastrophe—and he mentioned it at least somewhat tongue-in-cheek...

Referencing his previous January citation of Google, of course. It may have been last, it may have been a joke, but why bring it up again?

All hail our next FOMC chair!

Referencing his previous January citation of Google, of course. It may have been last, it may have been a joke, but why bring it up again?

Why not? Because silly people, idiots and mindless partisans will wave their arms like maniacs and scream hysterically?

What a sad public discourse we have today.

Funny, banks are just as tight with money as they were 6 months back. The TARP thing has been a joke and I thought it might work.

Municipalities can again issue bonds, and their borrowing costs have fallen to Treasury rates or below.

Don't tell Sam and Randy.