Monday, April 6, 2009
I am not a financial expert, so I do not expect anyone to take my word for it that the Obama/Geithner/Congress bailout plans--aka the stimulus bill--are bad new for the American taxpayer. Perhaps you will believe Peyton Young, who is James Meade Professor of Economics at Oxford and a Senior Fellow at the Brookings Institution. Also, he is British, not Republican, so he can be trusted. Please read his linked article from the Financial Times. While you are at it, read "Don't Eat Wall Street's Big Fudge," by Francesco Guerrera.
Posted by Desman at 8:57 AM