i have been more nervous, concerned, leery, even peeved, ok, plain steaming with every new financial bailout plan. a couple of paulson plans, now a couple of geithner plans, and i still get the uneasy feeling that the banking/financial sector is becoming ever more important and powerful in this modern world of ours, without [...]
Filed under: economy, politics & international | Tagged: bailout, banks, finance, geithner, paulson | 1 Comment »
a bailout plan was necessary. just not the one we got from the bush administration. too much emphasis was put on protecting some princes of wall street and making others pay – both were mistakes. no key initiative – as the ones gordon brown implemented in the uk – were put in place [...]
Filed under: economy | Tagged: bailout, deflation, depression, government spending, keynes, recession, velocity | Leave a Comment »
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