Tuesday, April 06, 2010

Better Quote Of The Week

"If the orgy of financial deregulation that led to the crash had two prime sponsors, the Democratic one was Rubin and the Republican one was Greenspan. Inviting these characters to a fiscal summit to devise a way out of the crisis is like inviting arsonists to design a seminar on fire prevention."

Journalist, writer, and economist Robert Kuttner, criticizing composition of the fiscal summit sponsored by the Peter G. Peterson Foundation

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Widely Misunderstood

It's not only George Stephanopoulos who believes this widely-held myth. Superficially, it makes sense, but it is very, very wrong. ...