Recent Blog Posts
-
Republicans Talk Turkey on Health Care
Nov 20 20093:54 pm EDT -
Contracts Stolen From Veterans
Nov 19 20093:57 pm EDT -
Main Street's Credit Crunch
Nov 18 20095:41 pm EDT -
Criminalizing Failure
Nov 17 20095:55 pm EDT -
Casablanca on the Potomac
Nov 16 20095:22 pm EDT -
So Big It Will Fail?
Nov 10 20093:02 pm EDT -
Health Care’s ‘Wild West’
Nov 09 20093:57 pm EDT -
Obama's Secret Jobs Plan
Nov 06 20093:13 pm EDT -
Health Bill Wins Key Support
Nov 05 20093:15 pm EDT -
Chamber Goes Green?
Nov 04 20093:54 pm EDT
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The Bush Subprime Fix
What does the deal with lenders mean for Bush and the candidates? I think it's good for Bush, a case of response to crisis that was more competent than Katrina.
The free-market ideologues are screaming that it's coercive and maybe it is. But it's in no one's interest to have massive defaults.
I'm surprised the other candidates haven't done more with the issue, either in terms of putting out their own plans or blasting Bush. Hillary Clinton, for whom my spouse works, put out one yesterday.
We may still end up with more federal action and a more direct bailout a la the savings & loan mess and then we'll revisit the whole thing again.






