Thursday, January 22, 2009

Wall Street Snubs Obama

The truly bold and swift solution, on the other hand, would probably get him impeached. It would be to simply announce that the Obama government was letting nature take her course. No more bailouts. No more stimulus packages. No more federal guarantees or 'refund checks.'

"Keynes is dead," Obama should say; "the bankers will get what they deserve."

Bill Bonner ponders what would happen if Obama decided to not interfere in the economy with government stimuli and bailouts.

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