Tuesday, February 24, 2009(4 comments)
How to "Reprivatize" the Bad Banks
The problem of the likely insolvency of a few major "financial center" banks must be disposed of before policy makers and the Congress will be able to effectively consider and address solutions to the turndown in the broader economy. This article describes a way to clean up the "bank crisis".
Thursday, October 2, 2008(6 comments)
We must support moving forward with a financial system rescue package
Congress must take action to rescue the financial system from its current crisis, even if it is impossible to remove or modify the provisions I object to.
Not one that is perfect, not one that is punitive, not one that presses advantage to gain political objectives other than the rescue of the financial system, but one that will pass, be signed by the President, and halt our slide toward a meltdown of the financial system.