Tuesday, March 24, 2009

Wrong path by Obama over the Banks!

The New York Times: The Nobel Prize winning Economist Paul Krugman is not happy with the Obama banking plan, he writes the following, " This is more than disappointing. In fact, it fills me with a sense of despair. ". I agree with Mr Krugman, never thought I would write that about an article in the Liberal New York Times. Although Mr Krugman argues it is wrong to over value the bad debts of the banks , I on the other hand just don't think you can bailout bad banks. Read of the Day.

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