Nationalise the banks!
In a piece in today’s Crikey sparked off by Kevin Rudd’s remarks about the difficulty Australian banks are having accessing foreign capital, Bernard Keane makes some good points about the response to the global financial crisis: Rudd’s rather anodyne response [...]
TARP watch: bailout FAILOUT
Vote count: Democrats: 141 Yea, 94 Nay Republican: 66 Yea, 132 Nay The Times – Analysis: bailout vote calls Hank Paulson’s bluff Negotiators had worked all weekend to accommodate some of the doubts of conservative Republicans who objected to such [...]
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