European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 3. April | 132 comments (132 topical, 0 editorial, 0 hidden)

The Administration may seek to block such maneuvers.

Good luck with that.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Apr 3rd, 2009 at 05:59:09 AM EST
[ Parent ]

Re: Economy (none / 1)

Isn't that very possibility in fact the goal of Giethner's plan? ALL LIABILITY TO THE TAXPAYER!

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Apr 3rd, 2009 at 01:00:10 PM EST
[ Parent ]

Re: Economy (none / 0)

Obama may not know diddley squat about economics, but he's a decent lawyer. Can he not understand on a legal basis the petard Geithner is hoisting him on?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sat Apr 4th, 2009 at 04:04:19 AM EST
[ Parent ]

Re: Economy (none / 0)

One would think....Perhaps he fears that a politically premature move would doom his administration and give the country eight more years of Republicans. While I don't want that, it might not make too much difference if political opportunity comes too late for the economy.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Apr 4th, 2009 at 12:17:16 PM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 3. April | 132 comments (132 topical, 0 editorial, 0 hidden)

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