[lbo-talk] shmage at pipeline.com has shared: $29 Trillion Bailout: Response to Critics « Multiplier Effect

shmage at pipeline.com shmage at pipeline.com
Mon Dec 12 16:50:12 PST 2011


shmage at pipeline.com wanted to share this with you:

$29 Trillion Bailout.......

$29 Trillion Bailout: Response to Critics << Multiplier Effect http://shar.es/oFRZ8 L. Randall Wray | December 10, 2011 OK, anytime one criticizes the Fed or Wall Street there will be&nbsp;some push-back by the professionals who serve their masters. (By contrast, Barry Ritholtz understood the argument, see here, .) &nbsp;My original piece, on Friday got picked up by a number of blogs and generated a lot of hostile responses. I expect that. It is obvious from their comments that many of them did not bother to read the post very carefully, or, if they did, that they stuck to talking point... ------------------------------------------------------------------------------

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