[lbo-talk] House rejects bailout

Doug Henwood dhenwood at panix.com
Mon Sep 29 18:05:57 PDT 2008


On Sep 29, 2008, at 7:05 PM, Gar Lipow wrote:


> How about James Galbraith? Is he operating out of brain dead
> anti-elitism, when he calls for expansion of the FDIC and creation of
> an infrastructure bank - along with a long term investment in
> infrastructure both green and conventional?

I'm all for that. But that's not the issue right now. The issue right now is the potential collapse of the banking system. This is a time scale of weeks vs. one of years.

Doug



More information about the lbo-talk mailing list