posted by leo
on Sat, 11/21/2009 - 11:05
I do hope the undergrads at Berkeley get someone who's a better liberal than Brad Delong so that they get some perspective.
The guy is nothing but a mouthpiece for Rubin/Geithner -- has been since his days in the Clinton Admin.
His argument here is a wonderful example. Basically it's: the banks were sick, we nursed them back to health (by dumping $$$ on them), so move on -- nothing to see here.
No questioning of the system that led to this disaster nor any urgency to see it fixed.
The very definition of an apologist for the status quo (give or take a trillion dollars of tax-payer money).
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