Campaign Outreach

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I hate to do this, because I geniunely want to Karen Hartley Nagle to succeed now that she is our Democratic nominee for Congress, just as I wanted Dennis Spivack…

QOD

1 Comment
When President Bush says "WE NEED TO DO" XY or Z to solve AB or C what on God's green Earth makes you think 1. it will help you 2.…

Bailout Nation — Hell No, Mr. Paulson

22 Comments

As Jason notes below (and in my comment) the scope of this bailout just gets bigger. Now we apparently are going to be on the hook for foreign banks (whose expose to this toxic stuff is worse than many of our own banks) and for the credit card debt your cousin Stewart racked up on vacation in Cabo.

Today, lots of very smart financial heads have been responding to the bailout proposal:
Robert Kuttner; Robert Reich; and Bob Borosage, and Dean Baker (this is a very detailed set of principles to guide the restructuring).