Bill Clinton is awesome

[NAOS]

I LoLed.

 

[NAOS]

Former FDIC head Bill Isaac on CNBC today said the the government agencies had all the tools they needed to avoid the financial crisis , but not the political will to use them.

even though you dislike Babe, his idea for recovery is almost exactly mine. Keep people in their homes; put money in their hands not Wall Street's.

Sure, we have the mechanisms to do this, but the only fashionable thing to do, whether you're a Dem or a Rep, is to give the money to the bankers.

 

[northeast]

even though you dislike Babe, his idea for recovery is almost exactly mine. Keep people in their homes; put money in their hands not Wall Street's.
Sure, we have the mechanisms to do this, but the only fashionable thing to do, whether you're a Dem or a Rep, is to give the money to the bankers.

Corrections:
1. I deny disliking Babe.
2. I agree wholeheartedly with the idea of not transferring money to Wall Street, however the details of an alternative means of recapitalizing the economy are not so easy or simple to design. There will always be issues of fairness regarding who gets subsidized.
3. I don't see giving money to the bankers as fashionable, but I could be wrong, I'd like to hear more opinions on this.
I think it is more a matter of that the people who run the financial system are almost by definition pro-banks, so that there is no serious consideration of alternative non-bank centric solutions,

 

[Archie Moses]

He's not perfect, but he always has something to say, and makes sense saying it.

Clinton should be the poster boy for public speaking.