How the AIG bailout scuttles chances for a second stimulus
Paul Krugman is right to be worried about the unintended consequences of the AIG bailout: [Inane quote from Paul Krugman. see artile]I do fear that the Obama administration has done a bad job of separating the financial-sector bailouts, on the one hand, from the stimulus bill, on the other. And if the general public starts conflating the two, there’s no chance of any more stimulus, no matter how needed it might be. Part of the problem is that Tim Geithner was so vocal about the urgent necessity for both of them, dating back to his tenure at the Fed during...
Original Article: Forum: News/Activism
Tags: Aig, Bailout, Fear, Financial Sector, Job, Paul Krugman, Quote, Stimulus Bill, Tenure, Tim Geithner, Unintended Consequences, Urgent Necessity