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Tuesday, November 29, 2011

How to Avoid Public Anger over Bank Bailouts

How to avoid public anger over bank bailouts, e.g. the recent uproar over the report from Bloomberg that too big to fail banks made $13 billion on loans from the discount window:

Better than a Bank Bailout: A Federal Lottery

(I'm not sure if I'm serious about this or not, the point is that we need to focus policy on people, not banks.)

    Posted by on Tuesday, November 29, 2011 at 01:08 AM in Economics, Financial System, Fiscal Policy, Fiscal Times, Housing, Politics | Permalink  Comments (36)


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