Transfusion
World Bank chief economist/Nobel Laureate/Smart Guy Joseph Stiglitz comments on the bailout bill at Democracy Now. His basic take: it's like giving someone suffering from internal bleeding a blood transfusion. It has to be done, but if the bleeding (the foreclosures on the property market, from what I gather in a rush reading) isn't stopped, the patient will die.
Labels: amy goodman, bailout, democracy now, economy, joseph stiglitz, us economy, us politics
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