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The Big Bailout

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Uploaded by on Sep 25, 2008

Economist Arnold Kling, who blogs at Econlog, used to work at Freddie Mac, and started Homefair.com, talks to Reason.tv about the proposed $700 bailout plan for investment banks and related firms.

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Top Comments

  • It's sad to see a "libertarian" encourage FDIC monitoring of banks....the government was what got us into the mess to start.

  • He has copies of Snow Crash and Radicals for Capitalism. Awesome!

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All Comments (15)

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  • dude are you serious?

    tell me more. what school dude?

  • Indeed I do! But I was just poking fun at him. I don't even know if he smokes weed. I'm just assuming he does because he talks about libertarianism so much.

  • Clearly, you have a hostility against marijuana..

    How irrelevant.

  • wow i was with him until he said lower capital requirements. As far as I understand that, this would allow banks to create more loans, backed by nothing than they already currently do. So this would just prolong the inevitable for how long?

  • Has Nick Gilespie quit smoking weed yet? If he has, I want to be the first to congratulate him. Good job, Nick! Libertarianism is much better off without that crap.

  • this guy (Dr. Arnold Kling) was my statistics proffessor!

  • Hell yes! What the bald guy said! Bald guy for president! Who cares that Reason Magazine is just a vehicle to get weed legalized. They occasionally get some very smart non-stoners for interviews, and this time they scored big.

    No bailout. Not now. Not ever. Let the invisible hand work its magic. And quit smoking weed, Nick Gilespie.

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