Brendan Calling

Krugman’s Sneaking Suspicion

[T]here’s another possible explanation, which I find terrifyingly plausible: the plan came first, and all this stuff about price discovery is an after-the-fact rationalization, invented when people started asking questions.

It has seemed very strange to me that such a supposedly crucial economic program would be based on such an exotic argument. My sneaking suspicion is that they started with a determination to throw money at the financial industry, and everything else is just an excuse. “

This isn’t a bailout, it’s a stick-up. And it’s an attempt to keep the next president, who is surely Barack Obama, from accomplishing ANYTHING.

One Response to “Krugman’s Sneaking Suspicion”

1. Prose Before Hos Says:
   September 26th, 2008 at 12:01 am

   Do They Serve Poisoned Seafood At Applebee’s?…

   “In a way, we actually do have fair trade with China: they sell us poisoned toys and tainted sea food and we sell them fraudulent securities.”
   Paul Krugman, on Bill Maher’s Show Real Time with video and full text below

   Full Exchange:…