26 September 2008

Bail Out

The New York Times quote of the day:

"The situation is like that movie trailer where a guy with a deep, scary voice says, 'In a world where credit markets are frozen, where banks refuse to lend to each other at any price, only one man, with one plan can save us'."

Jared Bernstein, of the Economic Policy Institute, on the push for a financial bailout.

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