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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Jane4IceCream who wrote (157314)3/20/2009 4:26:47 PM
From: TideGlider1 Recommendation  Respond to of 173976
 
South beach is such a fine mix and so many pretty people! You fit right in there! Lots of laughter theretoo! JaJaJaJa!



To: Jane4IceCream who wrote (157314)3/20/2009 6:26:13 PM
From: SeachRE  Respond to of 173976
 
I suspect you and South Beach were made for each other...I'm thousands of miles away now, sorry to say.



To: Jane4IceCream who wrote (157314)3/21/2009 8:57:39 AM
From: TideGlider1 Recommendation  Respond to of 173976
 
March 20, 2009, 9:05 am
AIG
Preliminary thoughts on the tax bill:

1. It’s not the way you should make policy — it’s clumsy, and it will punish some innocent parties while letting the most guilty off scot-free

2. But — there wasn’t much alternative at this point. And for that I blame the Obama people.

I’ll leave to others the question of who knew or should have known that the bonus firestorm was coming; but it’s part of a pattern. At every stage, Geithner et al have made it clear that they still have faith in the people who created the financial crisis — that they believe that all we have is a liquidity crisis that can be undone with a bit of financial engineering, that “governments do a bad job of running banks” (as opposed, presumably, to the wonderful job the private bankers have done), that financial bailouts and guarantees should come with no strings attached.

This was bad analysis, bad policy, and terrible politics. This administration, elected on the promise of change, has already managed, in an astonishingly short time, to create the impression that it’s owned by the wheeler-dealers. And that leaves it with no ability to counter crude populism.

krugman.blogs.nytimes.com