Treasury Secretary Henry Paulson is the man of the hour. This weekend he drew a clear line in the sand: no more federal bailouts. Not for Lehman Brothers. Not for Merrill Lynch. Not for anyone, at least as of this writing.At least he's noticed that we're no longer in the Goldilocks Economy with King Dollar...
Sed omnia praeclara tam difficilia, quam rara sunt. For all excellent things are as difficult as they are rare. --Benedict Spinoza --Steven Pressfield --Beverly Sills --Cathy Seipp
September 17, 2008
I'm Not a Fan of Larry Kudlow
Kudlow, one day before the AIG bailout (see here or here):
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