Waggle Room: An SB Nation Community

Navigation: Jump to content areas:


Pro Quality. Fan Perspective.
Around SBN: Has Kentucky Improved Since the Non-Conference Season?

Golf Could Have a Big Deal on Its Hands

I don't normally talk about politics in this blog.  But, given the purchase of Wachovia and the apparent failure of the vote on the bailout in the House of Representatives, the golf world could be seriously hurting.  Sure, the banks that went down so far had a lot of money in with.  Merrill was a pretty big deal.  Wachovia definitely is a big player.  Others could be going down if some kind of action isn't taken to ensure the credit markets remain open.

What in the world happens now?  Curiously enough, Jon Show and John Ourand at Sports Biz Journal took a look at the environment for golf given the situation over the weekend.

If Show is reading, what are you hearing now about the impact of this vote?

 

0 recs  |  Comment 1 comment |

Story-email Email Printer Print

Comments

Display:

too early to tell...

…what will happen with these big financial institutions, and from there to things like golf and the tours. The government is doing what it does – playing politics with our money. A month from the presidential election and people like Nancy Pelosi are making it a party issue. She just tried to accuse the White House (Bush) of corruption. She was halfway right – this mess is a result of Bill Clinton’s initiative to force these lending institutions to lend to people who couldn’t pay back those loans. She is also trying to float the idea that Clinton had budget surpluses – even though those numbers were proven to be false because they were claiming Social Security and Medicare funds.

"this ball will fit in that fairway"

by courtgolf on Sep 29, 2008 3:13 PM EDT reply actions   0 recs

Comments For This Post Are Closed


User Tools

Welcome to Waggle Room! Join our community! Have a golf story tip? Contact editor Ryan Ballengee and he will follow the story.
Start posting on Waggle Room »

Join SB Nation and dive into communities focused on all your favorite teams.

FanPosts

Community blog posts and discussion.

Recent FanPosts

Small
Breaking down the AT&T Pebble Beach Pro-Am celebrities
Small
Tom Watson is a 60 year old stud
Tiger_and_the_magic_club_small
Are you ready for the Mojo 6 ?
Adam2_small
Hyler Instated As USGA's 61st President
Cat_small
Hana Bank Returns as Sponsor on 2010 LPGA Schedule
Small
Golf Styles I'm Still Undecided On
Images_3_small
Some real help for golf blogists with brain damage
Adam2_small
Tiger Out of Rehab; Elin Staying Put
Golfmoolah_app_homepage_small
Who Thinks it's still COOL to yell "it's in the hole" anymore?
Adam2_small
Now This is What I'm Talking About!

+ New FanPost All FanPosts >

Golf News Net Shows

The 19th Hole Golf Show - 1/29 - This week's 19th Hole Golf Show features one of my favorite golf writers, Jason Sobel from ESPN. I recap my visit to the PGA Show in Orlando - the good and the bad.  Also, we touch on the Doug Barron situation and the Desert Swing event in Doha, Qatar this weekend.

Listen NOW on the Golf News Net Media Player!

The 19th Hole Golf Show on iTunes

GNN Newsmakers Feed

The 19th Hole Golf Show






Managers

Ryan2_small Ryan Ballengee