Thursday, September 25, 2008

An interesting take on the bail-out

From NY Times Executive Suite Blog...

Secretary Paulson has told us since last week that he's late, he's late for a very important date and has no time for a reasonable legislative debate (although willing to indulge in the "hello/goodbyes" of Congressional testimony, provided it doesn't take too long). But instead of following him through the looking glass, like naïve and curious Alice, let's pause and take a peek though the glass before taking the leap of faith the Treasury and Fed are asking of us.

As with Alice's Wonderland, a lot of what Bazooka Hank and Helicopter Ben are saying is lacking in detail or simply doesn't make much sense:


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