nytimes.com - 11/24/2008
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“In my view it has to be between five and seven hundred billion dollars,” proclaimed Senator Charles Schumer Sunday on ABC’s “This Week.” The “it” is the economic stimulus package the new Congress intends to send to the new president, Barack Obama, in January. The truth is, Schumer hasn’t a ...
nytimes.com - 11/22/2008
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nytimes.com —
Thanksgiving is next week, and President Bush could
make it a really special holiday by resigning. Seriously....
We have an economy that’s crashing and a vacuum at the top. Bush who is currently on a trip to Peru to meet with Asian leaders who no ...
(more)
Op-Ed Columnist - Time for Him to Go
nytimes.com - 11/21/2008
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nytimes.com —
The prospects for the economy look much grimmer
now than they did a week or two ago....
Yet economic policy, rather than responding to the threat, seems to have gone on vacation. >
(more)
Op-Ed Columnist: The Lame-Duck Economy
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Bill Kristol’s “Admit We Don’t Know.”
The Moderate Voice —
... Bill Kristol tries to fill the shoes of 2008 Nobel Prize winner in Economic Sciences, Paul Krugman, in the New York Times this morning, by writing “Admit We Don’t Know,” which obviously includes Kristol himself. ...
Your Abbreviated Pundit Round-up
Daily Kos —
... and millions of households are potential Citis. All have planned their future on the assumption that assets are assets, not some kind of empty hologram. Yet, in the course of this crisis, an estimated $11 trillion in household wealth has been wiped out. Home values, 401(k) retirement plans, brokerage accounts -- poof, gone. It's hardly surprising that traumatized consumers are boycotting the stores, threatening yet more bankruptcies and losses for the banks. William Kristol: Look! They don't know what they're doing!! I insist they tell everyone ...
Brave New Monday
Real Clear Politics - TIME.com —
... makes the case for bailing them out in today's New York Times . On the same page, Bill Kristol argues that the dirty little secret is that we're all "flying blind" in the current crisis. Despite the pronouncements of economists of all stripes, Kristol writes, "The markets are spiraling down, and our leading experts don't have much of a clue as to what to do." The one consensus, which continues to survive despite the less than stunning results of the initial $700 billion bailout passed by Congress a few weeks back, is that taking action is better than doing ...
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