[lbo-talk] Discussing the Crisis/Bailout

[John Thornton]

Carrol Cox wrote:
> What would it mean for radicals to discuss the Bailout?
>
> I would presume their focus (unless they were merely interested in
> parroting one of the sides represented in WSJ/BusinessWeek/NYT/etc)
> would be (a) on the causes of the bailout and (b) on how mass movements
> might come into existence through response to the Bailout.
>
> We can read very good arguments for and against it in the major media.
> So obviously reciting those arguments is merely posting news as easily
> acquired elsewhere. Hence such arguments (whether pro or con) do not
> constitute discussion of the bailout among leftists.
>
> This will have to be redrafted later, but I think it points a direction.
>
> Carrol

Can you point me to a "very good" argument against the bailout?
To date I've seen nothing but pie-in-the-sky left critiques that bemoan 
a lost opportunity (that never existed) as well as far right-wing 
free-market nuttery but nothing I'd call a good argument.

John Thornton