SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Metacomet who wrote (92678)3/24/2008 3:15:00 AM
From: Metacomet  Respond to of 110194
 
Krugman has two very good points in tomorrow's column. 1) The eerie silence on the campaign trail about what financial crisis we're currently struggling to make our way through and 2) The fact that John McCain's primary economics advisor, former Sen. Phil Gramm (R), is probably as responsible for setting the stage for this crisis as anyone in the country through his legislative role in the deregulation of the financial services industry.

Also, highly inspiring is the fact that another of McCain's advisors is Kevin Hassett, he of "Dow 36,000" fame, sort of an avatar of boom market snake oil, if you will. More generally, as Kevin Drum notes, if you think McCain's foreign policy is 'Bush Redux, Just More Nuts', well, then what till you see his economic policy.