Recession Time: The Housing Bubble Bursts the Economy
The Dirty Toilet Principle: The Fed and the Housing Bubble
Dean Baker writes for Truthout: "Fortunately for them, central bankers are not like custodians: To a very large extent, they get to assign their own grades. As a result, the Fed folks are likely to suffer few consequences even as millions of people lose their homes, tens of millions lose most of their life's savings and the economy stumbles into a recession. Being a central banker is good work, if you can get it."
http://www.truthout.org/docs_2006/090407F.shtml
Recession Time! The Housing Bubble Bursts the Economy
Dean Baker says, "The downturn in jobs reported last month by the Labor Department provided evidence of an economic downturn that even the economy's greatest cheerleaders could not ignore. Healthy economies do not shed jobs."
http://www.truthout.org/docs_2006/091107R.shtml
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Dean+Baker
Dean Baker writes for Truthout: "Fortunately for them, central bankers are not like custodians: To a very large extent, they get to assign their own grades. As a result, the Fed folks are likely to suffer few consequences even as millions of people lose their homes, tens of millions lose most of their life's savings and the economy stumbles into a recession. Being a central banker is good work, if you can get it."
http://www.truthout.org/docs_2006/090407F.shtml
Recession Time! The Housing Bubble Bursts the Economy
Dean Baker says, "The downturn in jobs reported last month by the Labor Department provided evidence of an economic downturn that even the economy's greatest cheerleaders could not ignore. Healthy economies do not shed jobs."
http://www.truthout.org/docs_2006/091107R.shtml
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Dean+Baker
rudkla - 4. Sep, 23:18
