I have been wanting to do a series of posts regarding values and principles. An attempt to try and understand where the political bloggers today are coming from.
However, I'm putting that series on hold for the time being. I want to do two nonbiased posts on the state of the economy and the 2nd bank bail out. First, I wanted to talk about the classic case of "Too Big to Fail." I don't know if you've heard that word thrown around, however it is an actual concept in the acedemia of money and banking. There is a high level concept regarding what is going on that is being missed by most commentators regarding these bailouts. I think most would be interested to hear how the theory of "Too Big to Fail" plays out in economic thought and how closely it mirrors what is going on. Second, I want to do a post on some of the important changes with regard to our debt management as a country and how the world is responding. We are seriously headed down a path that I am not sure many people understand. Putting capitalism and socialism arguments aside, there are some very serious implications for the continued trillion dollar a month spending. You may be interested to find out exactly where we are going to find ourselves, should our government fail to see the road ahead.
If your interested, check back in a few days for an indepth explanation of what's going on behind the scenes.