"They overpromised and underdelivered," said Stephen Stanley of RBS Greenwich Capital. "Secretary Geithner scheduled a big speech and came out with just a vague blueprint. The uncertainty is hanging over everyone's head."
Here is the video.
Hat tip to http://www.schlifnotes.com/
3 comments:
59? I would score him a lot lower than that.
These same economists predicted all this misery did they? They have any answers do they IR? How many economists did Bear Sterns employ?
Stop asking economists schooled in the Milton Friedman philosophy ANYTHING AT ALL. They will only be satisfied when America’s working class completely subsidizes big business: low wages, no benefits, no job security, no educational opportunities. THAT is the Friedman mode!
I insist that all economists be categorized by their ideology as to economic stability if they want to ‘grade’ our nation’s financial success!
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