« previous | TPM CAFÉ READER POSTS HOME | next »
I didn't need Mallaby or Krugman to tell me the bailout sux
On my blog,I generously gave it a C-minus before reading either one. Besides, Mallaby's column, while it has some better alternatives on the bailout side, ignores what I blogged about — namely, that Dems have a golden opportunity to insist not only on new regulatory standards, but beyond that, on new regulatory requirements.
Beyond that, I note that 2 years is wayyy too short a period for a bad-assets auction framework, McCain pulls a Palin in calling for a federal authority that already pretty much exists, and that ...
There's about a 5 percent chance Reid and Pelosi will stand up to Paulson and Bernanke in a game of brinkmanship.
In other words, you're going to get screwed not just royally but bipartisanly. Welcome to the duopoly.
Post a Comment