Friday, October 17, 2008

Banks Admit Bailout Won't Work

Casey Mulligan gets it:

Banks Admit Bailout Won't Work

See this story. I have to admit that I didn't predict this -- more specifically I didn't predict that bankers would be so quick to admit what supply and demand predicted from the beginning!
Posted by Casey B. Mulligan at 7:30 AM 1 comments Links to this post
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Well, it won't work for the taxpayers.
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