THE Obama administration’s $500 billion or more proposal to deal with America’s ailing banks has been described by some in the financial markets as a win-win-win proposal. Actually, it is a win-win-lose proposal: the banks win, investors win — and taxpayers lose.--Joseph Stiglitz
Government would not have to pay for it because I think that only people who want to help out should pay. It should be their decision. It won't be like taxes because taxes you have to pay.--9 year old Karen Henderson
The left-liberals at Think Progress are outraged by Fox News Bill O'Reilly's use of ambush journalism. Where was their outrage when 60 Minutes was perfecting the technique?--Steve Bainbridge
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, April 02, 2009
Quotes of the day
Labels:
economic policy,
Obama,
quotes,
risk,
taxes,
unintended consequences
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