Wednesday, November 19, 2008

Fanning the Flames - GOP's Scorched Earth Ideology


They are all out in the past week, bashing the implied government guarantee on trillions of dollars of outstanding agency debt.

George "Little Hoover" Bush at Federal Hall. Paulson yesterday at CEO summit. Elizabeth Dole, lame duck, at today's hearing.

I ... it's so ... astoundingly irresponsible, in the current environment.

They must hate America.

Brad Setser spells out just one of many risk layouts. At a minimum, they hate America's homeowners.

No comments: