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Progressive Democrat and conservative Republican team up against ‘too big to fail’ banks
Sens. Sherrod Brown (D-OH) and David Vitter (R-LA) on Thursday denounced “too big to fail” financial institutions and vowed to push legislation to break up the “megabanks.” “Today, our economy is being threatened by multi-trillion dollar financial institutions,” Brown said on the Senate floor. “Wall Street megabanks that are so…
The bad faith issue in the “stupid/evil” debate
Matt has a cheeky post pointing out that Ben Bernanke’s behavior is quite explicable if you assume he’s a conservative Republican, in response to bloggers who keep suggesting that Bernanke’s behavior is irrational. I think a lot of apparently mysterious things about Ben Bernanke’s career can be solved if you…
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