[Cross-posted here]
The following experts have slammed the bailout:
- - The Dallas Federal Reserve Bank President (Richard Fisher) said the proposed bailout would plunge the U.S. government deeper into a fiscal abyss
- - The former Secretary of the Treasury (Paul O'Neill) questions the bailout
- - The director of the nonpartisan Congressional Budget Office (Peter R. Orszag) said the bailout could deepen the crisis
- - Hundreds of leading economists, including numerous nobel prize winners, question the bailout
- - Former White House economist (Steve Hanke) adamantly opposes the bailout
- - Nobel prize economist and former chief economist of the World Bank (Joseph Stiglitz) opposes the bailout
- - Many other leading economists question the bailout