One point of correction. you say that NO ONE is purchasing the toxic assets. That is incorrect. Bloomberg reports there are purchasers of these toxic assets already. The problem is that, like stocks, once the investors find they can purchase these toxic assets, the prices fall. The Geithner plan seeks to stabilize the price.
THERE'S NO NEED FOR THE GEITHNER PLAN. This is just a ploy to maintain his bank friend's interests in these toxic assets prices.
All of the banks whose wealth, similar to the wealth of the U.S. built from genocide and slave labor, was created from fcuking people over should have their buildings turned into living spaces for the homeless, working class poor, and other marginalized segments of the population. All of the new lovely prisons that keep being built, originally made for you and I, should be the new homes for the bankers and their enablers.
...I'm going to give you the fucking clue that I have. Krugman saw this present recession coming. Obama isnt really a "fucking idiot" either. Just intent on more or less the status quo. There. I've got a fucking clue and I just gave it to you.
you're a fool. i've been reading that neo-keynesian hacks blog for years and he did not. they're both fvcking clueless. you don't spend your way into prosperity.
Your attempt at calling a spade a spade has failed. The truth is Krugman saw this coming. Regardless of your opinions of Keynesian economic theories, he saw this coming. Dont be so dogmatic. The only difference between dogma and opinion is consistency. Oh by the way.... Objectively, Objectivism is nothing more than a dogfight.
Peter Schiff is wayyyy smarter than this hack..
drewd1987 2 years ago
One point of correction. you say that NO ONE is purchasing the toxic assets. That is incorrect. Bloomberg reports there are purchasers of these toxic assets already. The problem is that, like stocks, once the investors find they can purchase these toxic assets, the prices fall. The Geithner plan seeks to stabilize the price.
THERE'S NO NEED FOR THE GEITHNER PLAN. This is just a ploy to maintain his bank friend's interests in these toxic assets prices.
It's just a scam.
shakaama 2 years ago
All of the banks whose wealth, similar to the wealth of the U.S. built from genocide and slave labor, was created from fcuking people over should have their buildings turned into living spaces for the homeless, working class poor, and other marginalized segments of the population. All of the new lovely prisons that keep being built, originally made for you and I, should be the new homes for the bankers and their enablers.
Cambodia69 2 years ago
while we all posture as "Free".
Azzaiel 2 years ago
They all are puppets of rich who want their money back. They are not running a voluntary orzg. for free.
talk0705 2 years ago
idiot
indigocarma 2 years ago
Wake up Paul! The very wealthy will be rescued and the rest are going down!
winbri5 2 years ago
Obama isn't an idiot, he knows exactly what he's doing. Tim Geithner still wotks for the FED. They do what the bankers tell them to do.
wervasdeferens 2 years ago
paul krugman is a fvcking idiot.
so is 0bama, though.
truindep 2 years ago
Did you listen to this?? Listen numbskull, if you cant pick out the real "idiot" from the two, YOU are the "fucking idiot"!
mrktwn 2 years ago
they're both idiots, "numbskull."
get a fvckin clue.
truindep 2 years ago
...I'm going to give you the fucking clue that I have. Krugman saw this present recession coming. Obama isnt really a "fucking idiot" either. Just intent on more or less the status quo. There. I've got a fucking clue and I just gave it to you.
mrktwn 2 years ago
you're a fool. i've been reading that neo-keynesian hacks blog for years and he did not. they're both fvcking clueless. you don't spend your way into prosperity.
truindep 2 years ago
Your attempt at calling a spade a spade has failed. The truth is Krugman saw this coming. Regardless of your opinions of Keynesian economic theories, he saw this coming. Dont be so dogmatic. The only difference between dogma and opinion is consistency. Oh by the way.... Objectively, Objectivism is nothing more than a dogfight.
mrktwn 2 years ago
Zombobmanomics!
P3coTrain 2 years ago