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Posts Tagged ‘techcrunch

from Tech Crunch

How The U.S. Government Engineered The Current Economic Crisis

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s.

”From the perspective of many people, including me, this is another thrift industry growing up around us,” said Peter Wallison a resident fellow at the American Enterprise Institute. ”If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.”

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Loving the new clean look of TechCrunch.com for all the hoopabaloo that happened with his last design. I am not sure I liked it too much. For me what makes a site design memorable and appropriate is simply this.

If you were to take away text, would you know that this is a site about the business of technology. Seriously. Ask yourself that question. Design is not subjective my friends, design should be honest and true to the task @ hand.


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