Thursday, July 9, 2009

Advice from a 93-yr old Economist Who Saw 1929... Anna Schwartz says "The Obama Administration should stop bailing out corporate disasters and abandon plans to move health care onto the backs of taxpayers"... emphasizes there is an implicit belief that fiscal stimulus will give a recovery, but from Anna's observation expansions have come to an end "always in terms of monetary stimulus. And that has not been the program of this administration"...
  1. article - http://www.time.com/time/business/article/0,8599,1909115,00.html
  2. dangers of printing $ http://www.time.com/time/photogallery/0,29307,1879735,00.html

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