Monday, October 06, 2008

bailout homework

Adam Davidson, who reports on matters financial for NPR’s Planet Money and PRI’s This American Life tends to describe the credit hysteria of recent months in more dire terms than I would use (again, it’s not that I don’t think there are big problems with our economy, it’s just that I just don’t think that the way the problem has been framed promotes solutions that benefit the majority). However, oddly enough (or maybe this isn’t odd at all), Davidson also sees reason for some hope based on language he believes made its way into the final bailout, er, um, excuse me, rescue bill that passed the House and was signed into law by President Bush on Friday.

Continued on capitoilette. . . .

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