Wednesday, February 04, 2009


"Dear God, let's just kiss the US economy goodbye."

Yves Smith, over at Naked Capitalism, is foaming at the mouth over the latest bank bailout plan being bandied about at the White House.

For all of the brainpower on his economic team, you'd think that President Obama could come up with something better than more of the same kowtowing to the banks. Due diligence would be a nice start.

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