Tuesday, July 20, 2010

The New Doom

by Max Abelson from The New York Observer. Capitalists and their agents admit that they haven't the slightest idea how to restore the economy.
"TARP, zero interest rates, trillion-dollar budget deficits, you name it, we've thrown anything we can at the system. And that has been successful to a limited extent at stopping the bleeding, but it has not really allowed the patient to get up off the table and resume a normal life again."