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The Instant

The Public Be Damned
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Wall Street Lays An(other) Egg
Derived from Variety, October 30, 1929
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October 10, 2008 -It would be irrelevant to write only about term limits when the stock market is in free fall or in recovery, depending on when you receive this e-mail. We observe that irrational panic on Wall Street is no more sensible than the “irrational exuberance” that Alan Greenspan warned about in December 1996...

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Starchives
StarQuest's articles 1-503
The Ultimate
The Penultimate
The Antepenultimate
The Pre-Antepenultimate

Let the Voters Decide
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Mayor and City Council
Want Four More Years.
Public Voted 'No' Twice
But What Do They Care?
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October 3, 2008 -The rush of events surrounding Mayor Bloomberg’s candidacy for a third term kept us from commenting sooner on his volte-face. For a person so aware of time that he puts clocks in his commissioners’ offices to remind them how much time is left in his term, the decision to seek another 1461 days in office will mean a massive resetting of timepieces if he is successful.

With the aid of compliant, self-serving Councilmembers, most of whom could never get a job comparable to the $110,000 plus lulus that they pull down today, the 454 remaining days for all of them would become 1915...

The Edge of the Cliff
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Fiscal Disaster at the Gates?
Some Say Yes, Some Say No.
Open the Gates to Find Out?

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September 26, 2008 -The world is spinning rapidly, and it cannot be stopped to let anyone off. We wrote about the national fiscal crisis last Friday and Tuesday.Since then, the President addressed the nation, the leaders of Congress came to the White House, and the parties have negotiated.

At this point, it appears that Mr. Bush’s problems come more from his own party members in the House than from Democrats in either chamber. Candidate McCain could help if he brings about a resolution of the controversy, but should he gain political advantage from getting people in his own party to do what they should have done in the first place? ...

Seven Hundred Billion
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Will TARP Cover the Economy
Or Merely Protect the Wealthy?
Remember NY's Budget Tsouris

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September 23, 2008 - The Sun, Imperiled, Needs Backers: The New York Sun has told the public that, in the absence of a capital infusion by additional supporters, it will cease publication at the end of September.The Sun has been an enormous gift to the civic and cultural communities during the six and one-half years it has been in existence.

These are hard times for newspapers in general, with readers and advertisers switching to electronic means of communication...

Twenty-Four Questions
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We Ask Questions
About Wall Street
Who is to Blame?

What to Do Next?

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September 19, 2008 - We wanted to write about the Wall Street crisis after it settled down. Apparently, however, matters will remain unsettled for awhile as Congress considers a massive bailout, and other developments are sure to come.

Rather than waiting for the dust to settle (We predict it never will), we would like to make a few observations today and ask two dozen questions that occurred to us over the last week as we watched seismic shifts take place the world of finance...

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