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Politics : President Barack Obama
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To: RetiredNow who wrote (103583)10/28/2011 9:19:15 PM
From: tejek  Read Replies (1) of 149317
 
Looks like your buddy Krugman doesn't even believe in the big bank bailouts. Of course, this is a huge about face for him. But I think he's finally getting wisdom. He visited Iceland and realized that big banks should have been allowed to fail. Crony capitalism and having our gov't collude with banks and the criminals who run them to bail them out with tax payer money and then impose austerity on the populace is nothing but grand larceny. Krugman is finally understanding that.

Not that I am a fan of Krugman but he is not saying what you've concluded. He is saying he finds unacceptable the bank bailouts COUPLED with the austerity inflicted by the Rs and the ECB. The rich got bailed out while the little guy is paying for it. That's not what Obama wanted; its what Ron Paul and his R friends pushed upon us. You don't get it..........those are various versions of GW Bush.
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