The Unfinished Bail-Out Bill And Some History Of Another Crisis

First, this isn’t Bush’s plan. It’s the plan of experienced financial leadership, in government and mostly outside, of pretty realistic people trying to overcome the bullshit passed years ago that caused this mess. Bush couldn’t explain the details of this plan if he had a….well he just couldn’t. [This is … Continue reading

One Week in the Flipping and Flopping and General Cluelessness of John McCain

The USA Today published a useful editorial on Friday recapping McCain’s “many gyrations” in response to the financial crisis. You know, first the economy is fundamentally strong, then there’s a crisis, then he’s a Reaganite deregulator, then he’s some would-be Teddy Roosevelt reformer. What’s the truth? Well, who knows? But … Continue reading