<DrumBeat: October 4, 2008 The Oil Drum Energy Quality and Economic Value>

175 comments on The Impact of the Credit Crunch on Energy Markets

Comments can no longer be added to this story.

| Show without comments | PDF version

Carolus Obscurus on October 3, 2008 - 3:52pm Permalink | Subthread | Parent | Comments top

Steve Sailer (movie critic at the American Conservative) has also written a penetrating analysis of the 'affirmative action' dimension of the sub-prime crisis:

Karl Rove—Architect Of The Minority Mortgage Meltdown

http://www.vdare.com/sailer/080928_rove.htm

Comments can no longer be added to this story.
elwoodelmore on October 4, 2008 - 9:50am Permalink | Subthread | Parent | Comments top

i loaned money to my fat lazy brother in law so he could get a car to drive to work. well, he never got a job or even looked for a job and he was lying about how much he was going to make too, he ended up sleeping in the car. in short, this turned out to be a sub-prime loan, a non performing asset and as a result, i dont have the liquidity i need to buy anything else. where is my bailout ?

Comments can no longer be added to this story.
DelusionaL on October 5, 2008 - 10:22am Permalink | Subthread | Parent | Comments top

A close friend of mine had a story to share that is right in this ballpark. His aunt loaned money to a flaky inlaw. When she was asked why she said she loaned just enough that he would never come back asking for more. To little they come back- too much it hurts you.
something to think about.

Comments can no longer be added to this story.

175 comments on The Impact of the Credit Crunch on Energy Markets

Comments can no longer be added to this story.

| Show without comments | PDF version