What a week it’s been. The $700,000,000,000 “bailout” or “rescue” package, the McCain/Obama debate, and now word that Citi Group has bought Wachovia has given the news networks just about reason enough to be 24-hour. As usual, though, Past & Prologue will try to dig through the noise. Today, the New York Times and Washington [...]
Archive for September, 2008
The Treasury Secretary’s New Hat
Posted in Uncategorized, tagged Finance contractors, Paulson, Treasury Department on September 29, 2008 | Leave a Comment »
Wanted: Contractors to help buy ‘distressed assets’
Posted in Economy, Uncategorized, tagged politics, Treasury Department on September 23, 2008 | Leave a Comment »
Both the New York Times and the Wall Street Journal are reporting today that the Treasury’s bailout plan is pushing forward through Congress. The plan is not without its detractors, however. See the flip side for a quick rundown and some irresponsible predictions…
The High Import of the High Court
Posted in Constitution Corner, Politics Blitz, tagged McCain, Obama, Palin, Ronald Dworkin, Supreme Court on September 22, 2008 | Leave a Comment »
Last Sunday (the 14th) I attended a panel at the Brooklyn Book Festival, where a number authors, ranging from Johnathan Lethem, to Johnathan Franzen, to Joan Didion spoke about new works, celebrated works, and the unfortunate state of frenzied hysteria we find ourselves in every four years or so. I sat in on a panel [...]
First, an Introduction is In Order…
Posted in Bush Administration, DHS, Procurement, tagged CNCI, Comprehensive National Cyber Security Initiative, cybersecurity, Department of Homeland Security, HSPD-23, NSPD-54 on September 22, 2008 | 2 Comments »
Let me introduce you to the National Security Presidential Directive 54 (NSPD-54) a.k.a. Homeland Security Presidential Directive 23 (HSPD-23) a.k.a. the Comprehensive National Cyber Security Initiative (CNCI) or more simply, “Project 12.” All of these names refer to a multi-billion program proposed by President Bush in January of this year, wherein the basic goal of [...]
An early autumn stroll down Boardwalk and Park Place
Posted in Uncategorized, tagged AIG, Bear Sterns, deficit, Economy, Federal Reserve, freddie mac and fannie mae, Goldman Sachs, job loss, Lehman Brothers, Treasury Department, unemployment on September 22, 2008 | 1 Comment »
$700 billion + $85 billion + $200 billion = the amount of money the federal government has launched into the nation’s financial system over the last two weeks. The Treasury and the Federal Reserve are playing Monopoly, buying up all the real-estate it can: $29 billion worth of Bear Sterns (so Goldman Sachs could buy [...]
T-minus 44 Days and Counting…
Posted in Uncategorized, tagged Biden, Economy, Election 2008, Goldman Sachs, Lehman Brothers, McCain, Obama, Palin, Wall Street on September 20, 2008 | Leave a Comment »
The fate of the world will be decided in less than seven weeks – McCain/Palin or Obama/Biden – the fat is in the fire, it would seem. Past and Prologue is slowly coming back to life, so be on the lookout for increasingly frequent, random updates concerning all things Election 2008, end-of-year government procurement, [...]
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