Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Notary Sojac
We did need to do something, in the financial sector.
TARP was mishandled, and has become a political slush fund.

However, do not let the perfect be the enemy of the good.

Kudlow is FAR FAR FAR better than Schumer, and Kudlow might actually win.

Do you have any other ideas?

If not, get with the program!

7 posted on 02/02/2010 7:13:36 AM PST by Kansas58
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Kansas58
We did need to do something, in the financial sector.

Yes we did. We needed to insist that housing and housing backed assets be allowed to seek a market, equilibrium price, and that assets holders take their writedowns like grown men.

We still need to do that. We haven't done so yet.

16 posted on 02/02/2010 7:58:35 AM PST by Notary Sojac ("Goldman Sachs" is to "US economy" as "lamprey" is to "lake trout")
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson