Open Left

I rarely disagree with you , Tom, but I think

that there is not a credit crisis.  There is a job crisis and a debt crisis.  By allowing people to go into more debt to get the economy going by buying a car is just helping the financial sector...again.
I'm going to post a diary about Jamie Galbraith's ideas.  The banks are not the heart of our system as that flat head Tom Friedman said yesterday.  Our social contract is the heart of our system.  So I'm with David on getting that money into health care reform and job creation.  No more money for banks unless they are small community banks rather than any of these new "too big to fail" looters.

And Congress better start acting like a third branch of government for a change.  I'm with David on that too.

And I have zero faith in Larry "I destroyed democracy in Russia from my front porch" Summers.

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by: FeralCat @ Tue Jan 13, 2009 at 18:25:10 PM CST