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Promoted to Headline (H2) on 10/5/08:     Permalink
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Look, I don't mean to sound like a dufus, but how much of the bail out can be undone if Obama is President?

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By W. Christopher Epler (Bill)  Posted by W. Christopher Epler (Bill) (about the submitter)

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My PhD is math and I encourage my students (when I teach) to feel free to ask questions, since they typically block themselves by thinking they're the only one in the room for whom this material is a black hole.

The reality, of course, is that generally everyone breathes a sigh of relief when the question is asked, because they too wanted to ask a similar question and blocked themselves for just the same reasons.

Well, economics is not my forte, and I swear to God I am at least as confused as my students about what the h___ is really happening.

So please forgive the very short piece, but may I cut to the chase and ask you professionals can Obama basically "undo" the bailout, which one submission I recently scanned said was EVEN WORSE than 9/11?

Also, any really solid general outline of this convoluted financial world (at least to me) would be very, very gratefully received.

I thank my teachers in advance.

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<http://theliberationofrealism.blogspot.com/>

W. Christopher Epler (Bill)

 

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Demonstrating my Ignorance by kato krause on Sunday, Oct 5, 2008 at 7:18:00 PM
Hey, you have forgotten more than I know about this. by W. Christopher Epler (Bill) on Sunday, Oct 5, 2008 at 7:27:56 PM
credit default swaps..an analogy by Brad Griffeth on Monday, Oct 6, 2008 at 12:32:13 PM
Demonstrating my Ignorance by kato krause on Sunday, Oct 5, 2008 at 7:18:07 PM
Oh, Kato, by Sandy Sand on Sunday, Oct 5, 2008 at 8:16:32 PM
Sandy by kato krause on Sunday, Oct 5, 2008 at 10:22:45 PM
Mea Culpa, Kato by Sandy Sand on Monday, Oct 6, 2008 at 5:47:05 AM
Traceable by kato krause on Monday, Oct 6, 2008 at 7:00:16 AM
No problem by Sandy Sand on Monday, Oct 6, 2008 at 7:25:56 AM
How I'd reply by John Kusumi on Sunday, Oct 5, 2008 at 8:46:41 PM
We got mugged! by John Kusumi on Sunday, Oct 5, 2008 at 9:06:42 PM
Wow, much food for thought for us all. by W. Christopher Epler (Bill) on Sunday, Oct 5, 2008 at 10:56:30 PM
Don't Count On It by Abraham007 on Sunday, Oct 5, 2008 at 9:06:29 PM
not a spectator sport indeed by W. Christopher Epler (Bill) on Sunday, Oct 5, 2008 at 10:45:21 PM
Bill by Sandy Sand on Sunday, Oct 5, 2008 at 10:34:42 PM
missed it by W. Christopher Epler (Bill) on Sunday, Oct 5, 2008 at 10:54:15 PM
Sorry you missed it by Sandy Sand on Monday, Oct 6, 2008 at 5:54:22 AM
Here's the link to the 60 minutes report by Abraham007 on Monday, Oct 6, 2008 at 7:57:49 AM
Do the math by Angelo on Monday, Oct 6, 2008 at 8:48:39 AM
more pieces of understanding -- many thanks by W. Christopher Epler (Bill) on Monday, Oct 6, 2008 at 7:35:50 PM
thank you to my teachers, from your student by W. Christopher Epler (Bill) on Monday, Oct 6, 2008 at 9:22:24 AM
Bill, some things that helped me ... by Mr M on Monday, Oct 6, 2008 at 10:36:05 AM
Mr. M... as usual you beat me to it... by richard on Monday, Oct 6, 2008 at 11:43:03 AM
Sure we aren't related? by Mr M on Monday, Oct 6, 2008 at 2:56:31 PM
We got mugged! by PrMaine on Monday, Oct 6, 2008 at 12:41:57 PM
also ... by Philip Pease on Monday, Oct 6, 2008 at 2:01:13 PM
The bastards by John Olsen on Monday, Oct 6, 2008 at 2:10:27 PM
Um, Obama was FOR the bailout by Ralph Lopez on Monday, Oct 6, 2008 at 2:33:45 PM
Vote Nader... by PrMaine on Monday, Oct 6, 2008 at 5:34:27 PM
wrong by pft on Monday, Oct 6, 2008 at 6:33:06 PM
Second Order Effects by PrMaine on Tuesday, Oct 7, 2008 at 8:09:17 AM
What was real and what was not by reasonableperson on Monday, Oct 6, 2008 at 11:46:10 PM
Smoke and mirrors by Sandy Sand on Tuesday, Oct 7, 2008 at 6:17:57 AM
It's so easy, caveman can do it ... by reasonableperson on Tuesday, Oct 7, 2008 at 3:02:52 PM
Dufus...Not by Sandy Sand on Tuesday, Oct 7, 2008 at 6:22:23 AM
none, when he has friends like this... by CW Blanchett on Tuesday, Oct 7, 2008 at 3:30:59 PM