Is Henry Paulson a crony communist or a businessman? The answer could be the difference between economic disaster and recovery. Understanding Paulson’s role in stopping — or fueling — the credit crisis requires a review of two axioms from Economics 101: 1) A credit crisis occurs when banks stop lending and 2) The amount banks can lend is a multiple of… return to article
-
subscribe to print magazine
-
email this article to a friend
-
Reader Comments (0)There are no comments on this article yet. Start the discussion below.
-
register a new account »Posting Security
Also by David Sirota
- Intelligentsia Against Intelligence
- Where Are the Real Deficit Hawks?
- We Are What We Trade and How We Trade It
- TARP on Steroids
- A Party With No Punch
Three parables for progressives and the Grand Old (Democratic) Party. - A Tale of Two Supermen
Popular Discussions
- The 9/11 Faith Movement
Many Americans believe 9/11 was a conspiracy by the U.S. government
1979 posts since Jul 11 06 - What’s the 411 on 9/11?
891 posts since Dec 21 05 - Democrats: It’s the War
659 posts since Nov 1 05 - Was the Presidential Election Stolen?
462 posts since Jun 19 06 - A Fundamental History Lesson
The rise of National Socialism proved politics and religion don't mix
427 posts since Oct 10 05
Site Map | Contact Us | Internships | Submissions | Advertising | Low Bandwidth / Mobile
© 2008 In These Times | Reprint Policy | Privacy Policy | Powered by Expression Engine | RSS Feeds
© 2008 In These Times | Reprint Policy | Privacy Policy | Powered by Expression Engine | RSS Feeds