Krugman: The World According to TARP

[Coexist]

http://krugman.blogs.nytimes.com/2008/09/28/the-world-according-to-tarp/

The world according to TARP

I don’t, in the end, have much more to say about the plan. It passes my test of no equity, no deal; that, plus the danger of financial panic if it doesn’t go through, makes it worth passing, though celebration is not in order.

I am surprised that they stayed with Troubled Asset Relief Program; isn’t everything these days supposed to be MPAPRA (the motherhood, patriotism, and apple pie reconciliation act) or something like that? Anyway, you know what comes next: an avalanche of TARP jokes. Say, throwing money into a TARP-pit.

Overall, Dodd and Frank succeeded in pushing Paulson a fairly long way back; probably as good a deal as they could have gotten. But someday we’ll have an administration that actually proposes good policies to start with.

[ShortnFiery]

1. Bullshit! Krugman trashed his integrity over and over again by lying and shilling

during the Primary for HRC. F**k Krugman's advice. :(

[Coexist]

2. no - I will always listen to him

I may or may not agree with him, but he is no conservative.

[ShortnFiery]

3. Fine, listen to him although he proved during the Primary that he'll sell his soul to

the highest bidder. :(

[depakid]

8. Under the bus with anyone who says something you don't like!

Act juvenile! Stomp your feet! Call them names!

[Balderdash]

9. He didn't lie and he's the best we've got on the economy.

But suit yourself, the primaries are over.

[KittyWampus]

11. he never trashed his integrity over Economics & his believes re:health care reform are what

caused his over-zealous comments during primary season.

[Roland99]

15. I recall him raving over John Edwards' plan for nationalized healthcare.

[AllieB]

4. He is first and foremost an economist, no matter how you feel about his support for HRC.

He is usually spot on when it comes to economic matters.

[ShortnFiery]

6. Oh yeah, he's golden.

:eyes: :puke:

[AllieB]

12. I never supported HRC, but I respect Krugman.

Have you read any of his books or papers on economics? Have you read his blog? It seems that you can't separate the man from his political views, which is a shame.

[jefferson_dem]

5. That's it. If it's good enough (everything considered) for Krugman...

Naysayers take note.

[Kolesar]

7. Krugman is a professor of economics, so I will write to Congress supporting the TARP

He is also a good political theorist. Thanks for posting this!

[Coexist]

13. you're welcome

[Cosmic Charlie]

10. It's a Tarp!

[msallied]

14. Now THAT is the first time I've laughed since around eleven this morning. LOL!