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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (52610)3/26/2009 11:32:42 AM
From: LLCF  Read Replies (3) | Respond to of 149317
 
LOL... you seem to be missing a giant piece of the puzzle... people are in glass houses throwing stones. The Austrians say let is crash and burn. Krugman and all are saying let it crash and burn. And somehow you are saying they are different.... They're both talking about the 'mechanism' of the economy... not about letting anyone starve.

So... how are they different? Well, you're alluding to Keynsian ideas that make the difference. Which would bring about what I've been saying all along:

Now you get the Fed bailing out everyone instead of the administration and congress... so it's the same damn thing. All that's happening here is Obama is jumping in ahead of time to try and soften the whole picture for everyone.

DAK