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		<title>Book Review: Thoughts on Undiscovered Country</title>
		<link>http://soberingnews.wordpress.com/2009/06/23/book-review-thoughts-on-undiscovered-country/</link>
		<comments>http://soberingnews.wordpress.com/2009/06/23/book-review-thoughts-on-undiscovered-country/#comments</comments>
		<pubDate>Tue, 23 Jun 2009 17:48:55 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Books]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA["Lin Enger"]]></category>
		<category><![CDATA[book review]]></category>
		<category><![CDATA[Hamlet]]></category>
		<category><![CDATA[reviews. Shakespeare]]></category>
		<category><![CDATA[Undiscovered Country]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/?p=309</guid>
		<description><![CDATA[Two related problems afflict Lin Enger&#8217;s Undiscovered Country. First, without the Hamlet overlay, the novel feels thin and melodramatic. Jesse, the 17-year-old main character in psychological turmoil over the murder of his father by his uncle Clay (Enger&#8217;s Claudius), doesn&#8217;t have Hamlet&#8217;s depth or intellect. He&#8217;s in love with an Ophelia, named Christine in the novel, who&#8217;s [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=309&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Mark-to-Market: Numbers Don&#8217;t Add Up</title>
		<link>http://soberingnews.wordpress.com/2009/04/02/mark-to-market-numbers-dont-add-up/</link>
		<comments>http://soberingnews.wordpress.com/2009/04/02/mark-to-market-numbers-dont-add-up/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 01:53:43 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[credit freeze]]></category>
		<category><![CDATA[FASB]]></category>
		<category><![CDATA[mark-to-market]]></category>
		<category><![CDATA[toxic assets]]></category>
		<category><![CDATA[transparency]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/?p=297</guid>
		<description><![CDATA[The Financial Accounting Standards Board (FASB), an independent agency that sets business accounting rules, announced today an accounting change that may temporarily boost markets but in the long run may bring more harm than good. That change subverts mark-to-market accounting rules, which held that the price of a mortgage security, for example, reflect current market [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=297&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>The Center Isn&#8217;t Holding</title>
		<link>http://soberingnews.wordpress.com/2009/03/23/the-center-isnt-holding/</link>
		<comments>http://soberingnews.wordpress.com/2009/03/23/the-center-isnt-holding/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 15:05:43 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[credit freeze]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Geithner]]></category>
		<category><![CDATA[Krugman]]></category>
		<category><![CDATA[nationalization]]></category>
		<category><![CDATA[TALF]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[toxic assets]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/?p=271</guid>
		<description><![CDATA[The U.S. may not be close to loosing mere anarchy upon the world &#8212; yet &#8212; , but how much time do we have left before the chaos begins? If last week&#8217;s financial news doesn&#8217;t impel us closer to a national (global?) breakdown, I don&#8217;t know what does. The country is still in a crisis [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=271&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Obama Administration Takes Over</title>
		<link>http://soberingnews.wordpress.com/2009/01/23/obama-administration-takes-over/</link>
		<comments>http://soberingnews.wordpress.com/2009/01/23/obama-administration-takes-over/#comments</comments>
		<pubDate>Fri, 23 Jan 2009 21:20:20 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Current Events]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/2009/01/23/obama-administration-takes-over/</guid>
		<description><![CDATA[In case you&#8217;ve been out of the country, unconscious, or otherwise occupied in a cave somewhere, Barack H. Obama has taken the oath of office and is now President of the United States. As a supporter of his, I&#8217;m gratified that all went off without a hitch. I found his Inaugural Address sobering. He traced [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=269&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>How Worried Is the Fed?</title>
		<link>http://soberingnews.wordpress.com/2008/12/18/how-worried-is-the-fed/</link>
		<comments>http://soberingnews.wordpress.com/2008/12/18/how-worried-is-the-fed/#comments</comments>
		<pubDate>Thu, 18 Dec 2008 16:24:29 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[confidence]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[Wall St.]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/?p=247</guid>
		<description><![CDATA[In a move that surprised many observers for its aggressiveness, the Federal Reserve Board on Tuesday, Dec. 16th, lowered the federal funds rate, the interest rate at which banks lend to one another, from 1% to a range of 0 to .25%. Many observers had expected a .50% cut, not the .75 to 1.0% cut [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=247&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Federal Reserve Building</media:title>
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		<title>No Bailout for Automakers? Remember Fallout from Lehman Collapse</title>
		<link>http://soberingnews.wordpress.com/2008/11/22/no-bailout-for-automakers-remember-fallout-from-lehman-collapse/</link>
		<comments>http://soberingnews.wordpress.com/2008/11/22/no-bailout-for-automakers-remember-fallout-from-lehman-collapse/#comments</comments>
		<pubDate>Sat, 22 Nov 2008 22:56:42 +0000</pubDate>
		<dc:creator>soberingnews</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Lehman Brothers]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[rescue]]></category>

		<guid isPermaLink="false">http://soberingnews.wordpress.com/?p=232</guid>
		<description><![CDATA[A refusal to extend $25 billion in bridge loans to Ford, Chrysler, and GM could have catastrophic consequences for the economy similar to those experienced after the failure of Lehman Brothers. In mid-September of this year, you&#8217;ll remember, Treasury refused to loan Lehman any capital or to offer a line of credit to any purchaser [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=soberingnews.wordpress.com&amp;blog=342170&amp;post=232&amp;subd=soberingnews&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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