Posts Tagged “Paul Krugman”

August is a strange season in politics. In the final weeks of summer last year, we had the incredible (and incredibly short-lived) public buzz surrounding Sarah Palin, before people realized she just used those glasses for looks, not reading. This year’s dog days brought us hordes of astroturf Teabagger Republicans demonstrating that they think public Continue reading →

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One could go on at literally exhaustive length about the ins and outs of the current “health care debate” in Washington, but I’ll try to avoid that. The media and the blogosphere have provided a constant play-by-play in terms of both substantive policy and, even more, political strategy. (Jonathan Chait at TNR has been particularly Continue reading →

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Treasury Secretary Tim Geithner today announced a new plan that will allegedly help stabilize the financial markets, restore institutions’ balance sheets, and thus ease the credit crunch with all its attendant ripple effects. It’s an unwieldy construct with multiple parts, but ultimately a lot of it comes down to using taxpayer money to help purchase “toxic Continue reading →

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Wall Street. A term that designates not only a physical place, but a symbol, a way of thinking. It’s the capital of investing (embodied in the stock market), the capital of high finance (embodied in the banking system), the capital of… capital. It’s the hub of the economy, domestically and internationally. And it’s the single Continue reading →

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