Bunglers get federal bailout

Seattle Post Intelligencer by Paul Krugman | Feb. 2, 2009 (Opinion)

Question: What happens if you lose vast amounts of other people's money?

Answer: You get a big gift from the federal government -- but the president says some very harsh things about you before forking over the cash.

Am I being unfair? I hope so. But right now that's what seems to be happening. Full Story »

Posted by Dwight Rousu

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3.2

by Tommy Wallach - Feb. 3, 2009

Not my favorite. Krugman is just going through the motions of outrage here, and he doesn't back it up with historical or even current day context. How have other bailouts worked. Could there be a legit explanation for this?