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October 9, 2008 at 2:11 PM #14149October 9, 2008 at 4:08 PM #284335
svelteParticipantI agree with you, patiently.
This is no doubt the best use of that bailout money…nobody wanted to have to do this, but given the current situation it is the wisest choice.
It’s one of those rare times that I absolutely agree with Bush and Paulson.
Hang on folks…this will be a winter like we’ve never seen before!
October 9, 2008 at 4:08 PM #284624svelteParticipantI agree with you, patiently.
This is no doubt the best use of that bailout money…nobody wanted to have to do this, but given the current situation it is the wisest choice.
It’s one of those rare times that I absolutely agree with Bush and Paulson.
Hang on folks…this will be a winter like we’ve never seen before!
October 9, 2008 at 4:08 PM #284648svelteParticipantI agree with you, patiently.
This is no doubt the best use of that bailout money…nobody wanted to have to do this, but given the current situation it is the wisest choice.
It’s one of those rare times that I absolutely agree with Bush and Paulson.
Hang on folks…this will be a winter like we’ve never seen before!
October 9, 2008 at 4:08 PM #284667svelteParticipantI agree with you, patiently.
This is no doubt the best use of that bailout money…nobody wanted to have to do this, but given the current situation it is the wisest choice.
It’s one of those rare times that I absolutely agree with Bush and Paulson.
Hang on folks…this will be a winter like we’ve never seen before!
October 9, 2008 at 4:08 PM #284677svelteParticipantI agree with you, patiently.
This is no doubt the best use of that bailout money…nobody wanted to have to do this, but given the current situation it is the wisest choice.
It’s one of those rare times that I absolutely agree with Bush and Paulson.
Hang on folks…this will be a winter like we’ve never seen before!
October 13, 2008 at 1:58 PM #286793patientlywaiting
ParticipantPaul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
In an Oct. 12 article on the New York Times’ Web site, Krugman wrote about the global financial meltdown and its reach into Europe, saying that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”
Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
October 13, 2008 at 1:58 PM #287088ParticipantPaul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
In an Oct. 12 article on the New York Times’ Web site, Krugman wrote about the global financial meltdown and its reach into Europe, saying that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”
Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
October 13, 2008 at 1:58 PM #287104ParticipantPaul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
In an Oct. 12 article on the New York Times’ Web site, Krugman wrote about the global financial meltdown and its reach into Europe, saying that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”
Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
October 13, 2008 at 1:58 PM #287131ParticipantPaul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
In an Oct. 12 article on the New York Times’ Web site, Krugman wrote about the global financial meltdown and its reach into Europe, saying that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”
Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
October 13, 2008 at 1:58 PM #287135ParticipantPaul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
In an Oct. 12 article on the New York Times’ Web site, Krugman wrote about the global financial meltdown and its reach into Europe, saying that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”
Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
October 13, 2008 at 2:14 PM #286798MadeInTaiwan
Participant[quote=patientlywaiting]Paul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
…
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
[/quote]Did you read Slate’s reprint of one of Krugman’s articles reducing finacial cycles to baby sitting coop? http://www.slate.com/id/2202165/
October 13, 2008 at 2:14 PM #287093Participant[quote=patientlywaiting]Paul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
…
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
[/quote]Did you read Slate’s reprint of one of Krugman’s articles reducing finacial cycles to baby sitting coop? http://www.slate.com/id/2202165/
October 13, 2008 at 2:14 PM #287109Participant[quote=patientlywaiting]Paul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
…
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
[/quote]Did you read Slate’s reprint of one of Krugman’s articles reducing finacial cycles to baby sitting coop? http://www.slate.com/id/2202165/
October 13, 2008 at 2:14 PM #287136Participant[quote=patientlywaiting]Paul Krugman, my favorite economist wins the Nobel.
http://www.latimes.com/news/nationworld/world/la-fg-nobelecon14-2008oct14,0,5347677.story
…
Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”
“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”
[/quote]Did you read Slate’s reprint of one of Krugman’s articles reducing finacial cycles to baby sitting coop? http://www.slate.com/id/2202165/
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