2:25 pm- This just in, the US House of Representatives failed to pass the $700 Billion Stimulus Package, 205 Yea, to 228 Nay
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.Hey-ever wonder this week why there hasn't been any widespread chat in the press based on the following question-
"Why did they lend money to people who couldn't afford to pay it back?”
Well guess what? Somebody did. Namely, two somebodies did.
From David Carr, author & columnist from the NYTimes and Alex Blumberg, a producer at the public radio show “This American Life” a little chat from May of this year-
http://thislife.org/Radio_Episode.aspx?sched=1242
It's a pod cast that's just over 10 minutes and worth listening to! Zip it into your i-pod-it's free. And there's a transcript you can download too if you want to read it instead....
Here's the link to the accompanying NYTimes article,
http://www.nytimes.com/2008/09/29/business/media/29carr.html?ref=business
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