MOChassid

The rambling thoughts of a Modern Orthodox Chassid (whatever that means). Contact me at emansouth @ aol.com

Thursday, October 02, 2008

Rosh Hashanah, Emails and the Credit Crunch

1. Despite going into Rosh Hashanah in the wake of the House of Representatives stupid rejection of the bailout plan (a total lack of courage and leadership by Nancy Pelosi), seeing the stock market fall 778 points and my market tank, and coming down with a nasty cold on Monday night, I waas able to do a decent job of concentrating during davening. Musaf ended at 1:50 p.m. on Wednesday and that drove me crazy (we started at 7:30), but that is an issue for another time.

2. After making havdalah last night, I checked my Blackberry to find hundreds of emails. The last two days in my market had been particularly brutal. It was a tough time to be away and I worked until 11 p.m. trying to catch up.

3. There is still a huge disconnect between the stock market and the credit markets (even with the recent losses). The situation in the credit markets is much, much worse. Perhaps that is why the dopes in the House of Representatives didn't get the joke. Read this article to get a little taste.

4. Even with the Senate passage of the bailout bill, it's really ugly out there today.

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5 Comments:

  • At 1:42 PM, Anonymous Anonymous said…

    They need to institute a "cruise through the non participatory" spots. Easily could cut out 50 minutes.

     
  • At 1:43 PM, Anonymous Anonymous said…

    They need to institute a "cruise through the non participatory" spots POLICY. Easily could cut out 50 minutes.
    Sorry about the double post, but I guess it wont faze you after the long davening.

     
  • At 6:20 PM, Blogger Jordan said…

    Are you kidding? This is Nancy Pelosi's fault? Try Eric Cantor, the Jewish congressman and his right wing buddies decided to muck it up for purely political reasons.

     
  • At 9:42 PM, Blogger MoChassid said…

    I didn't say it was her fault. I said she did not exercise leadership. You don't bring a bill like this to the floor of the house unless you know you have the votes. (And, her speech on the floor was just dopey under the circumstances).

    The entire house should be ashamed. What a sorry moment.

     
  • At 1:14 AM, Blogger A Schultz said…

    What about Barney Frank letting any Tom Dick and Harry get a loan when they couldn't pay for it?

     

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