tlees2's Blog | Talking Points Memo | February 22, 2009

« February 1, 2009 - February 7, 2009 | Home | March 1, 2009 - March 7, 2009 »

Week of February 22, 2009 - February 28, 2009

Krugman says "It's the Banks!!"

February 26, 2009, 12:05PM

This time it's not "the economy, stupid!" It's the banks! How can we get Barack Obama, who is doing such a good job in so many areas, to pay attention to Paul Krugman, who is very worried about our government's plan to rectify the banking situation.

http://krugman.blogs.nytimes.com/2009/02/26/feelings-of-despair/

Chris Matthews calm down

February 23, 2009, 7:54PM

As Josh points out Chris Matthews is saying tonight on Hardball the Dow is Obama's scorecard and the Dow is tanking. People are getting mad. No, Chris, as Paul Krugman points out in his blog when the E (earnings) in the P/E ratio goes down the P (price) goes down to keep the ratio historically reasonable. So, until earnings (that's what the stimulus is about) go up, stock prices won't go up. So Chris (Hardball, Big Mouth, but Softhead) calm down.

« February 1, 2009 - February 7, 2009 | Home | March 1, 2009 - March 7, 2009 »

tlees2

Following: 152
Followers: 20

Posts
Comments & Recommends

Location PA
Party DEMS (but likes GREENS also)
Politics Very liberal!

Favorites

Favorite Blogs TPM of course. Paul Krugman's blog.
Favorite Books INHERIT THE WIND ANIMAL FARM TO KILL A MOCKINGBIRD
Favorite Quotes "This man wishes to have the same privilege as a sponge. This man wishes to think." -INHERIT THE WIND "All animals are equal but some animals are more equal than others. -ANIMAL FARM

Bio

History teacher at a Friends School.

All Reader Posts
How to use myTPM