[Peace-discuss] Wayne calls out Krugman

[Bob Illyes]

Krugman is one of the people to the Left who is tearing his hair out about 
the same Bush/Obama response to large bank failure that the Right is 
tearing its hair out over.

There are only two rational responses to the failure of the large banks:

1) Let them fail or
2) Put them through the usual reorganization imposed on smaller banks when 
they become insolvent.

We are so far doing neither, which is mad.

Krugman is partial to the latter solution. He's very uneasy about the large 
sums of pretty much no-strings money being injected into large banks.

Bob