Monday, September 22, 2008

Columnists on bailout: "Not So Fast!"

Here's a sampler of headlines about the proposed Wall Street bailout which appeared this morning on the New York Times op-ed pages. Note that they also represent three distinctive voices, from neo-con William Kristol to liberal Paul Krugman. Here they are, in no particular order:

WILLIAM KRISTOL, A Fine Mess. Synopsis: A friend serving in the Bush administration tried to talk me out of my doubts about the $700 billion financial bailout. I’m not convinced.
PAUL KRUGMAN, Cash for Trash. Synopsis: Henry Paulson is demanding extraordinary power for himself to deploy taxpayers’ money on behalf of a plan that, as far as I can see, doesn’t make sense.
ROGER COHEN, The Fleecing of America. Synopsis: World leaders converge on a battered New York this week for the United Nations General Assembly, my advice to them is: think Damien Hirst.

For more, go to your local newspaper's opinion page. Or to The Nation magazine, where William Grieder explains it all for you.

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