We can’t afford to squander money giving huge windfalls to banks and their executives, merely to preserve the illusion of private ownership.Meanwhile, why is anyone giving any credence to free market fundamentalism -- a philosophy that, well, Katrina-ed the entire world's economy?
Monday, February 02, 2009
Obama & company may be barreling toward more financial disaster
Today's Paul Krugman on why Obama's apparent plan to "save" the banks is a stupid idea:
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