Handouts for the rich, good. Handouts for the poor, irresponsible. | 33 comments (33 topical, editorial, 0 hidden)

Krugman channels Schnittger (none / 1)

New York Times: Taming the Beast (by Paul Krugman on March 24, 2008)

We're now in the midst of an epic financial crisis, which ought to be at the center of the election debate. But it isn't.
Now, I don't expect presidential campaigns to have all the answers to our current crisis -- even financial experts are scrambling to keep up with events. But I do think we're entitled to more answers, and in particular a clearer commitment to financial reform, than we're getting so far.
...
Hillary Clinton has not, as far as I can tell, made any comparably problematic economic claims. But she, like Mr. Obama, has been disappointingly quiet about the key issue: the need to reform our out-of-control financial system.

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris

by Carrie (migeru at eurotrib dot com) on Mon Mar 24th, 2008 at 11:47:30 AM EST

Re: Krugman channels Schnittger (none / 0)

Did I read somewhere that Hilary has just announced 30 Billion aid for troubled mortgage holders? If so, it can hardly be coincidental that this is precisely the amount of risk indemnity offered to JP Morgan.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Mar 24th, 2008 at 01:11:51 PM EST
[ Parent ]

Handouts for the rich, good. Handouts for the poor, irresponsible. | 33 comments (33 topical, 0 editorial, 0 hidden)