Financial Bailout Article by Matt Taibbi in Rolling Stone

As someone with a growing background in Finance, I found Matt's article to be very fascinating. He succinctly put into perspective the problems we're facing with the recent financial meltdowns and concurrent government support. All while using some awesome metaphors for complex financial topics.

His best metaphor for the bailouts is something like "giving crack to an addict". Basically he was referring to the US government giving money to the same people (big banks & insurance companies) who made the bad bets that put us in the position we're in now.

So my question is: what can somebody like myself do about the apparent unending attraction of big business and big government? And unfortunately himself, Obama, isn't completely immune from the supplication of big business. So where does that leave us average folk?

The financial game is so large it's supposedly too-big-fall and if the government's efforts are not enough, will the US government fall with it?

I wonder if Dinosaurs had this type of coming to Jesus conversation just before they fell into the tar pits...

The Hold Steady

What up! Just wanted to tell you about a new band I'm digging: The Hold Steady.

The pundits call them classic rock indie, which sounds great to me. So far so good!


Corporate Governance:
Wow, the more I dig into this finance subject the more I realize what a cozy relationship big business and government enjoys. The "Big" Boys and Girls Club, only this one owns the NFL. It's just a shame the top 1% can't share like Buffet.

Later
Nate

Fall Boston Shows

Killer fall season for shows in Boston:

cold war kids October :14
JJ Grey & Mofro October: 25
JJB November: 1
Smashing Pumpkins Novermber 15 &16 at the Wang!

and those are just the shows google calender has programmed, bet I could stumble across a bunch more cool ones.

If only a newspaper would pay me to review these shows. (the beers 2 =p )

New Cold War Kids Album is Goood: http://www.pitchforkmedia.com/node/145813
(Pitchfork writers are music snobs. Who am I to argue? Somebody who just enjoys music. )

First Post

Hello-

This is my first post. The title of my blog is a combination of the knickname of my neighborhood, South Boston and bus #7 I take downtown everyday to work. Stay tuned for some actual thoughts.

Go Saux!

Nate