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Friday, September 24, 2010

Commuting by Limo [Today's News Poem, September 24, 2010]

Commuting by Limo [Today's News Poem, September 24, 2010]

Market the beast with a ticket of plastic;
Swallow your interest with relish
And laugh at traffic ants of metal lights
Aligned in rows for tolls, as worker-slights.

Fuming on freeways; impressed they're not drastic:
Smashing my windows and tearing my servants
Of fraud from sockets. No! They sniff the trail
Of dollar bills and chase another's tail.

“In a bleak assessment delivered Thursday at the Federal Reserve Bank of Chicago’s 13th annual International Banking Conference, Mr. Volcker said:
The reason we are all here is that the financial system is broken. We can use that term in late 2008, and I think it’s fair to still use the term, unfortunately. We know that parts of it are absolutely broken, like the mortgage market which only happens to be the most important part of our capital markets.”
– Dealbook, The New York Times, September 24, 2010, 8:41 am

“While consumers have done their part by shying away from exceeding new credit limits and turning increasingly to debit cards, the question is to what extent are consumers voluntarily reducing their balances, and to what extent are banks making the decision for them. ”
– CHRISTINE HAUSER, The New York Times, September 24, 2010

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