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	<title>Comments on: Links 7/6/09</title>
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	<link>http://www.nakedcapitalism.com/2009/07/links-7609.html</link>
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		<title>By: Dave Raithel</title>
		<link>http://www.nakedcapitalism.com/2009/07/links-7609.html#comment-50038</link>
		<dc:creator>Dave Raithel</dc:creator>
		<pubDate>Tue, 07 Jul 2009 04:02:37 +0000</pubDate>
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		<description>Thanks for pointing back to the Rich essay - I&#039;d also passed it by for the headline. Raises more than one quandary, but I&#039;ll cite my preferred: What&#039;s to be done about regulators making much much much less money than the regulated? Suppose one proposes the regulators make as much as the regulated ... well, no guess how that will play in the media that can&#039;t stop watching Nailin&#039; Palin and daily reminds us that Michael Jackson is still dead ....&lt;br /&gt;&lt;br /&gt;Dilbert of July 6th: http://www.dilbert.com/</description>
		<content:encoded><![CDATA[<p>Thanks for pointing back to the Rich essay &#8211; I&#39;d also passed it by for the headline. Raises more than one quandary, but I&#39;ll cite my preferred: What&#39;s to be done about regulators making much much much less money than the regulated? Suppose one proposes the regulators make as much as the regulated &#8230; well, no guess how that will play in the media that can&#39;t stop watching Nailin&#39; Palin and daily reminds us that Michael Jackson is still dead &#8230;.</p>
<p>Dilbert of July 6th: <a href="http://www.dilbert.com/" rel="nofollow">http://www.dilbert.com/</a></p>
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		<title>By: Todd Wood</title>
		<link>http://www.nakedcapitalism.com/2009/07/links-7609.html#comment-50030</link>
		<dc:creator>Todd Wood</dc:creator>
		<pubDate>Tue, 07 Jul 2009 01:07:34 +0000</pubDate>
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		<description>Oh, that link:&lt;br /&gt;&lt;br /&gt;http://www.eurointelligence.com/article.581+M541fb1f87fe.0.html</description>
		<content:encoded><![CDATA[<p>Oh, that link:</p>
<p><a href="http://www.eurointelligence.com/article.581+M541fb1f87fe.0.html" rel="nofollow">http://www.eurointelligence.com/article.581+M541fb1f87fe.0.html</a></p>
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		<title>By: Todd Wood</title>
		<link>http://www.nakedcapitalism.com/2009/07/links-7609.html#comment-50028</link>
		<dc:creator>Todd Wood</dc:creator>
		<pubDate>Tue, 07 Jul 2009 00:47:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2009/07/links-7609/#comment-50028</guid>
		<description>06.07.2009 &lt;br /&gt;&lt;br /&gt;Article from Eurointelligence:&lt;br /&gt;&lt;br /&gt;&quot;Steinbruck threatens German banks&quot;&lt;br /&gt;&lt;br /&gt;About the scampering in Germany with summaries and links to other articles.</description>
		<content:encoded><![CDATA[<p>06.07.2009 </p>
<p>Article from Eurointelligence:</p>
<p>&quot;Steinbruck threatens German banks&quot;</p>
<p>About the scampering in Germany with summaries and links to other articles.</p>
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		<title>By: Mo</title>
		<link>http://www.nakedcapitalism.com/2009/07/links-7609.html#comment-49986</link>
		<dc:creator>Mo</dc:creator>
		<pubDate>Mon, 06 Jul 2009 14:20:54 +0000</pubDate>
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		<description>Re: Lucy Kellaway &lt;br /&gt;&lt;br /&gt;and if you aren&#039;t sexy enough to flirt effectively - then what?&lt;br /&gt;&lt;br /&gt;When I was in my 20&#039;s I didn&#039;t think I had been treated differently because I was a woman - until I was.  Kellaway&#039;s informal survey of young women professionals is unconvincing.&lt;br /&gt;&lt;br /&gt;It&#039;s this kind of thinking that contributed to the delusion that Caribou Barbie was a viable VP candidate.</description>
		<content:encoded><![CDATA[<p>Re: Lucy Kellaway </p>
<p>and if you aren&#39;t sexy enough to flirt effectively &#8211; then what?</p>
<p>When I was in my 20&#39;s I didn&#39;t think I had been treated differently because I was a woman &#8211; until I was.  Kellaway&#39;s informal survey of young women professionals is unconvincing.</p>
<p>It&#39;s this kind of thinking that contributed to the delusion that Caribou Barbie was a viable VP candidate.</p>
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		<title>By: attempter</title>
		<link>http://www.nakedcapitalism.com/2009/07/links-7609.html#comment-49974</link>
		<dc:creator>attempter</dc:creator>
		<pubDate>Mon, 06 Jul 2009 08:53:04 +0000</pubDate>
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		<description>re the revolver piece:&lt;br /&gt;&lt;br /&gt;Here again we see how fraudulent was the orignal TARP premise, endorsed at the time by the banks, that all they needed was liquidity to &quot;get them lending again&quot;. &lt;br /&gt;&lt;br /&gt;It&#039;s long been clear that the banks, fearing insolvency rather than laboring through illiquidity, don&#039;t want to lend at all.&lt;br /&gt;&lt;br /&gt;Here&#039;s what I don&#039;t understand. The core premise of the Too Big To Fail ideology and the bailout onslaught which has followed from it is that the economy, in order to be restored to health, needs the vigorous credit-facilitating action of the banks.&lt;br /&gt;&lt;br /&gt;But if the banks have abdicated, then why exactly do we need to loot the country to keep them from failing? (&quot;Failing&quot; - but if they&#039;re failing to lend, haven&#039;t they already failed according to the original premise?)&lt;br /&gt;&lt;br /&gt;Why again can&#039;t all federal support be plowed into direct stimulus, and none into financial bailouts?&lt;br /&gt;&lt;br /&gt;Why again do we need the banks at all?</description>
		<content:encoded><![CDATA[<p>re the revolver piece:</p>
<p>Here again we see how fraudulent was the orignal TARP premise, endorsed at the time by the banks, that all they needed was liquidity to &quot;get them lending again&quot;. </p>
<p>It&#39;s long been clear that the banks, fearing insolvency rather than laboring through illiquidity, don&#39;t want to lend at all.</p>
<p>Here&#39;s what I don&#39;t understand. The core premise of the Too Big To Fail ideology and the bailout onslaught which has followed from it is that the economy, in order to be restored to health, needs the vigorous credit-facilitating action of the banks.</p>
<p>But if the banks have abdicated, then why exactly do we need to loot the country to keep them from failing? (&quot;Failing&quot; &#8211; but if they&#39;re failing to lend, haven&#39;t they already failed according to the original premise?)</p>
<p>Why again can&#39;t all federal support be plowed into direct stimulus, and none into financial bailouts?</p>
<p>Why again do we need the banks at all?</p>
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