David Gregory hosts a one on one with economist Paul Krugman who talks about the financial bailout proposed by the Bush Administration. Among many thoughts on the matter, Krugman lays this disaster...
David Gregory hosts a one on one with economist Paul Krugman who talks about the financial bailout proposed by the Bush Administration. Among many thoughts on the matter, Krugman lays this disaster at the feat of Alan Greenspan and McCain advisor Phil Gramm.
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No, he wants another economic stimulus plan. Why are you going to bailout banks that are healthy now? Do you know anything about current events, or is it that they don't get to the rock that you live under.
First, Krugman is a self-described liberal. And government control would be socialism, not fascism. I really wish you idiots would learn terms before you go throwing them around. It really makes you look like an idiot.
Fascism has nothing to do with an economic policy you idiot. Socialism is an economic policy, and Mr. Krugman DID NOT support the bailout in the form that it was written. He explicitly says that if the banks are bailed out, the people should own the organization. Go read up on something before you talk about it you moron.
Investment firms and banks take the risks with our money if they lose we pay. So the free market is an illusion. The state protects the wealthy. Capitalism works becuae it is bailed out by socialism.
Unfortunately the politicians are all we have in our government,unless we have public finance reform.A poor or middle class person not influence by politician corruption will never win any election.
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