[Peace-discuss] Obama's doing his best...

[C. G. Estabrook]

The judgment of Paul Krugman, best of the economic columnists in MSM:

"We're doomed."

http://krugman.blogs.nytimes.com/2010/02/10/clueless/


C. G. Estabrook wrote:
> [From Bloomberg, via Politico’s Morning Money & LBO News from Doug 
> Henwood.]
> 
> OBAMA DOESN’T ‘BEGRUDGE’ BONUSES FOR ‘SAVVY’ WALL STREET EXECS,
> 
> Bloomberg’s Julianna Goldman and Ian Katz report: ‘President Barack 
> Obama said he doesn’t ‘begrudge’ the $17 million bonus awarded to 
> JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 
> million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting 
> that some athletes take home more pay. The president, speaking in an 
> interview, said in response to a question that while $17 million is ‘an 
> extraordinary amount of money’ for Main Street, ‘there are some baseball 
> players who are making more than that and don’t get to the World Series 
> either, so I’m shocked by that as well. I know both those guys; they are 
> very savvy businessmen,’ Obama said … ‘I, like most of the American 
> people, don’t begrudge people success or wealth. That is part of the 
> free-market system.’
> 
> [Henwood remarks, "The new FDR, eh?"]
> 
> 

-- 
This message has been scanned for viruses and
dangerous content by MailScanner, and is
believed to be clean.