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Why Is "Buy America" Okay for Banks, but Not Steel?

…explain the decision to require that the fund managers in their bank bailout plan must be headquartered in the United States. I can’t wait to see the outraged and condescending…

Good Cop/Bad Cop or Tit for Tat ?

…the money is tiny compared to the cost of the bailout and not worth the bother (this is not at all Scheiber’s argument). The sense is that this would be…

…Financial Armageddon, and no Baker. Our own posts would get a boost, but I am not sure in what way. Thoughts? Update 2: I like the Bailout linkfest at TPM…

Stimulus Update

…Samwick’s tepid endorsement: Congress and the Obama Administration should be very discriminating in what they will spend money on. Bailout money for banks and large firms should go. Every piece…

Bacchus , Bilious, and Friedman

…[Restoring confidence] may be President Obama’s most important bailout task: to educate the country that there is no easy escape here, except taking our medicine, getting our fundamentals right again…

Assume They Know What an Acronym Is

I am reliably informed (though I cannot find it on the web) that Forbes yesterday and MSNBC today are both referring to the next kleptocratic maneuverbank bailout bill as the…

Social Security ‘Reform’: the Undead Return

…the cost of the war? The cost of the bailout? The cost of the stimulus package? Nope apparently those are just short term problems. Instead as always the first stop…

If You Want to Know Why Economists have a Bad Reputation

…to be stupid the day the U.S. elected a non-Republican president: “If I had my druthers, the word ’stimulus’ would be expunged from public discussion, along with ‘bailout’ and ‘rescue.’…