Stiglitz & Feldstein: conversation about Obama’s economic stimulus

 EmailPrint This Post Print This Post

The video clip below features Charlie Rose discussing Barack Obama’s economic stimulus package with Joseph Stiglitz, Nobel Prize winner and professor at Columbia University, and Martin Feldstein, professor at Harvard University and former Council of Economic Advisors chairman/National Bureau of Economic Research president. Good stuff.

Click here or on the image below to view the clip.

8-jan-2.jpg

Source: Charlie Rose, January 6, 2009.

 

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

 

More on this topic (What's this?)
Obama jizzed on in Alaska! (Video)
Farrakhan calls for the stalking and killing of whites (Video)
Read more on Obama's Presidential Policy, Clip at Wikinvest
OverSeas Radio Network

2 comments to Stiglitz & Feldstein: conversation about Obama’s economic stimulus

  • Mike Mennell

    Excellent IV. Illustrates the dire strait of the US economy. We are many years away from seeing the mess resolved. At least 10 IMO.

  • Ed Mandleford

    I listened to that discussion real time, and kept wondering why neither Stiglitz nor Feldstein mentioned how the fat cat bankers would game the system. If Uncle Sammy kicks in billions as a bail out (or allows the bankers the luxury of retroactive tax credits against losses) they’ll surreptitiously tell appraisers to lowball house values in order to increase the write downs they can stick on the taxpayer. OTOH, if Uncle Sammy shrugs and the fat cats become bagholders for all those 100 to 125% LTV mortgages, they’ll likely cherry pick high appraisals and skim profits and bonuses some other way.
    Shoot the bankers and hedge fund operators, bail out homeowners and longterm stockholders.

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones


One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

Feed the Bull