Tuesday, February 24, 2009

Paul Does Standup

Okay, I don't know if you read Paul Krugman's Blog. If you don't you should. He get's a little wonky at times, but he warns you when he's going to do that. He has one of "those Sewdish thingies" so he's pretty smart. And he has a wicked sense of humor.
I’m trying to be sympathetic to the various plans, or rumors of plans, for bank aid; but I keep not being able to understand either what the plans are, or why they’re supposed to work. And I don’t think it’s me.
...
I just don’t get it. And my sinking feeling that the administration plan is to rearrange the deck chairs and hope the iceberg melts just keeps getting stronger.

You really should go read the whole thing.

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