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Geithner’s Plan Will Tax Main Street to Make Wall Street Richer

Posted in Main Blog (All Posts) on April 1st, 2009 4:32 am by HL

Geithner’s Plan Will Tax Main Street to Make Wall Street Richer
The new consensus among the experts who missed the housing bubble (EMHB) is that Treasury Secretary Tim Geithner’s plan to subsidize the purchase of junk mortgages and their derivatives will help alleviate the stress on the banking system. That’s good…

Education and Government Budgets
This column was published in yesterday’s Haaretz. It was prompted by a warning sent around by university presidents to their faculties that Treasury officials have put them on notice: budgets would be cut, and last year’s agreement with the professors…

Remembering and Misremembering King
Clay Risen’s book on the King riots of 1968 has much to commend it, including his clear-eyed portrait of the Reverend Martin Luther King, Jr. in his last, difficult years. As Clay writes, “the public, the media, and the…

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