Helpful Ideas Or Scorching Air?
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The policy errors being dedicated by Barack Obama and his crew are all just like that which J. Kenneth Galbraith cited within the Hoover Administration. That is, the ‘trickle down’ approach, which is treating a damaged system as if it were still a functioning superb, an ideal of the environment friendly markets hypothesis that most likely never really existed within the first place.
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The MBIA ebook begins with a gathering that Ackman had with Jay Brown – the CEO of MBIA. I too had a meeting with Jay Brown and a number of other of his staff. I was not as nicely prepared as Ackman – and I used to be much less inclined to be sceptical. That stated there was an odd dialogue about AHERF which alerted me that every one was not quite as it seems – although I solely obtained the total import of the discussion a few years later.
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