Wednesday, August 26, 2009

Fed Up

James K. Galbraith has an interesting review of a book about the bailout.
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6 comments:

Bob said...

I heard a report the other day that some are starting to think that the federal government might make a tidy profit on all the money they dumped into banks, AIG, etc. That would be and interesting development for all those poeple who said the money was just flushed away.

8/27/2009 9:57 AM
Mr Furious said...

That's about the only thing that will rescue my opinion of Obama's financial team...

8/27/2009 11:47 AM
Bob said...

"That's about the only thing that will rescue my opinion of Obama's financial team..."

Actually it would rescue Bush's financial team , since most of this was drafted by them and Congress prior to Obama taking office.

8/28/2009 8:33 AM
Mr Furious said...

Negatory. I've had nothing but bad impressions of Geithner, and don't agree with the reappointment of Bernanke. I don't think they pushed for an effective stimulus, have been transparent at all, done anything about regulation or done much different than continue Paulson's policies which were an outright heist.

8/28/2009 9:10 AM
Mr Furious said...

For all of that shit to be redeemable, they need to turn things around, come up with a fucking draconian regulatory plan—AND ENFORCE IT—and if we end up with a return on our "investment," it will be a nice, unexpected, bonus.

8/28/2009 9:11 AM
Bob said...

"For all of that shit to be redeemable, they need to turn things around, come up with a fucking draconian regulatory plan—AND ENFORCE IT..."

OK. I am with you on that.

8/28/2009 10:57 AM

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