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Comments

    If you only have 2 seconds to digest:  Atrios If you have 2 minutes to digest:  TPM or Krugman If…
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  • It's not just "King Krugman" that hates this plan.  You need to get past your personal issues with Krugman and…
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  • And I can't believe I have to point that out.  It's as if some people on the left are so…
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  • The reason that AIG went broke was because they had to pay out too many insurance claims at the same…
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  • I'm just guessing, but I think this story is going to get a lot more favorable treatment in Left Blogistan…
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  • Provided it's done right and given enough time (i.e. "provided government is run competently"), let me respond:  I'm not convinced…
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  • And as I suspected, the reason why nobody in the blogosphere cares about the interest payments is that it's a…
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  • "Even if the plan is indefensible, they should still try and defend it ASAP." This is bizarre.  If it's a…
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  • Remember that the formula everyone is using is this: Market value= .30/dollar Banks want= .60/dollar I think that's the formula…
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  • Why was Indy sold into the current market - pretty much guaranteeing a loss? Is there some law that says…
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  • Geithner's plan certainly would recapitalize banks.  I have no idea why you would suggest otherwise. I differentiate between injecting liquidity…
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  • No one says that Nationalization = Taxpayer Profit/Panacea.  No.One.  Fighting a strawman is pointless. What nationalization does do, however:  Recapitalizes…
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  • "You should also consider that any plan can succeed or fail through the degree of political support it has from…
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  • I agree that perhaps the marketing isn't being handled right, but my point is I don't think fantastic marketing would…
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  • You may not be seeing acknowledgement of this because there's nothing extraordinary about it, and the interest payments are most…
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  • I'm amazed that this post acknowledges numerous economists that hate Geithner's plan, but somehow the conclusion drawn from that is…
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  • A lot of people act like executive compensation is some sort of political sideshow, as if it has virtually no…
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  • I have no idea if any of these people would be interested in the job, but they at least have…
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  • it's a matter of a need to recapitalize already-insolvent banks.  That's the problem- the big banks are insolvent, but nobody…
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  • IIRC, your support for TARP was conditional on a whole bunch of things being true.  Your support for TARP was…
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