Putting Humpty-Dumpty Together With Pennies to Spare
Fundamentally, I'm skeptical about what the US Congress, Hank Paulson, and Ben Bernanke think they're doing (actually, for the same public choice reasons Will Wilkinson offers in his diavlog) with the compromise legislation awaiting floor votes in both chambers. I also resent the Bush administration's apocalyptic pronouncements as a tired reprise of post-September 11 doom and gloom. I continue to look for any expert who can reasonably explain the fiasco and give me a decent recommendation.
Cue Arnold Kling as he «blasts the Paulson plan as essentially corrupt». This just one small segment of a longer primer on this road to financial perdition. The advantage of Kling's plan is, that the government will have pennies to spare on relief, and not on pumping up stock prices. I'm also trying to avoid that huddling predisposition victims get when the tiger approaches, when a minute before each person knew the bad guy was luring the beast to them. I don't want just to trust Congress because I'm momentarily scared I have no other choice.
Powered by ScribeFire.
Sphere: Related Content
Barrapunto
CoRank Español
Delicious
Enchílame
Fresqui Ocio
Furl
Google Bookmarks
Menéame
Netscape
Newsvine
Stumbleupon
Technorati Favorites
Yahoo MyWeb
Write a comment
No trackbacks
RSS 2.0
Bloglines
Live
MyAOL
Netvibes
Newsgator
Rojo
Write a comment
If you want to add your comment on this post, simply fill out the next form:
* Required fields
You can use these XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>.
No comments
Be the first to write a comment on this post.
No trackbacks
To notify a mention on this post in your blog, enable automated notification (Options > Discussion in WordPress) or specify this trackback url: http://www.radicalcontrapositions.com/left_flank/2008/09/29/putting-humpty-dumpty-together-with-pennies-to-spare/trackback/