Obama's Plan Falls Flat With Many Economists
by Liz Halloran
NPR.org, June 17, 2009 ·
Critics like Gattuso [a senior research fellow in regulatory policy at the conservative Heritage Foundation] and David Kotok, co-founder of the money management firm Cumberland Advisors, suggest that Obama's move to use more regulation to manage risk in the financial markets will stifle innovation.
Kotok suggested that the move to impose new regulations — while maintaining a structure to bail out large, interconnected firms whose failure could trigger a domino effect — smacks of "social democracy."
Wednesday, June 17, 2009
NPR IS GENEROUS WITH THE TITLE "ECONOMIST"
NPR gives a voice to wingnut "economists" without a murmur:
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