Month: September 2008

Deep Thought

Treasury Secretary Henry Paulson’s only job right now is to keep the economy from cratering until after November 4, 2008. Paulson was quoted at length in a July 23, 2007, article in Fortune by Rik Kirkland entitled, “The...

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Obama on the Bailout Plan

In his own words, not mine: “The era of greed and irresponsibility on Wall Street and in Washington has led to a financial crisis as profound as any we have faced since the Great Depression. “But regardless of how we...

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A Couple of Thoughts

As best as I can tell, the Bush administration has convinced itself that it has brought on the Second Great Depression and it is desperate to do something to prevent a full meltdown on their watch. Their proposed solution...

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