Tuesday, July 27, 2010

That op-ed by Kashkari:

Provoked a response by Tom Petruno of the Los Angeles Times:
... having the former head of the bank-bailout program now arguing for social-spending cuts is just baiting an already angry public. Kashkari's simplistic "TARP good, entitlements bad" theme isn't going to play well anywhere other than Wall Street.
Of note, Kashkari now works at Pimco and that company would lose money if interest rates on bonds were to rise.

It's surprising how often these Wall Street guys do or say things that piss of the rest of us.

UPDATE: In the ranks of the PO'd are Dave Sirota, John Cole, FireDogLake


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