The eternal problem...

Amusing commentary at The American Prospect:

And it's going to get worse until Obama stops sucking up to the banks and/or grows a pair. Step 1: fire Geithner and Summers.

Is there anyone left who thinks any of the bank rescue plans has any credibility? Krugman explains it well in today's NYT.

But left/right/center doesn't matter - everyone with a brain in their head thinks that receivership (temporary nationalization) for insolvent banks is the way to go.

posted by: alex

--------------

That's not enough, we need a majority.

Posted by: Cyrus