Author: BooMan

I talked to a lot of people tonight at Drinking Liberally, including Duncan (we didn’t wrestle), and my take on the general mood is that people’s number one priority is that we fix the too-big-to-fail problem. Most...

Talk about something other than economics.

Even I am getting tired of this topic but I think it’s important to offer counterpoints to the common wisdom I’m seeing in Left Blogistan. There is a huge amount of criticism about the Geithner Plan and a lot of it...

Not to start a food-fight with Duncan (I’ll probably see him later tonight and I don’t want to wrestle), but he didn’t address my points. I really made two points. 1. The Geithner Plan is going to buy up AAA...

Most of the consternation I’m still hearing about Geithner’s Plan revolves around the concern that the toxic assets are either worthless or are worth substantially less than whatever price they will be auctioned off...