Monday, September 22, 2008

Oh Henry


The rescue plan - Will it work?

http://www.economist.com/daily/news/displaystory.cfm?story_id=12281280&fsrc=nwl

Does it bother anyone else that the Treasury Secretary, arguably the most important/powerful man in the world right now, uses a Razr?

1 comment:

seemoore said...

Good article jayber, great insight into the economic situation. I have struggled from the beginning with the idea of the "big government" bailing out these institutions. I have heard today that these bail outs were necessary to stave off the impending economic doom (as most media outlets have categorized it)but I still struggle with not letting the free market run its course.

I think I struggle most with this quote from the article. But I have alot to learn.

"It is now conventional wisdom that recent events have guaranteed a heavier regulatory hand for government in the economy."