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NYT Op-Ed (Brooks): The Bailout Artists

http://www.nytimes.com/2008/03/18/opinion/18brooks.html?ref=opinion&pagewanted=print

 

 

This entry was posted on Tuesday, March 18th, 2008 at 4:28 PM and filed under Articles, Economics, Politics. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

One Response to “NYT Op-Ed (Brooks): The Bailout Artists”

  1. ben stagg said:

    What astonishes me is that it comes across as if this was the first time a fall in redintial property prices has happened on this scale.
    Have a look at the early eighties.
    Just because the property is worth less at a given point in time doesn’t mean that you shouldn’t make the payments that you contracted to make.
    Certainly, you can look at bailing out those who have fallen on hard times, but I doubt if that is going to have much impact on the overall situation.

    Posted on 19-Mar-08 at 3:01 am | Permalink

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