Mr. Trump

William Murderface wrote:Neko bi trebslo da joj objasni da je papa levicar who gets things done u uslovima desnicarske vecinu u kongresu medju biskupima.

William Murderface wrote:Neko bi trebslo da joj objasni da je papa levicar who gets things done u uslovima desnicarske vecinu u kongresu medju biskupima.

William Murderface wrote:Neko bi trebslo da joj objasni da je papa levicar who gets things done u uslovima desnicarske vecinu u kongresu medju biskupima.

krugman wrote:
Just to be clear, I’m not saying that Mr. Sanders should drop out. He has the right to keep campaigning, in the hope either of pulling off huge upsets in the remaining primaries or of having influence at the convention. But trying to keep his campaign going by misleading his supporters is not O.K. And sneering at millions of voters is truly beyond the pale, especially for a progressive.

voren o krugmanu wrote:
But Warren directed her sharpest words at an unnamed set of people who have recently downplayed the role of big banks in the financial crisis and questioned the value of breaking up big banks — an apparent reference to the Nobel Prize-winning Krugman.

“There’s been a lot of revisionist history floating around lately that the Too Big to Fail banks weren’t really responsible for the financial crisis,” Warren said. That talk isn’t new. Wall Street lobbyists have tried to deflect blame for years. But the claim is absolutely untrue.”

“There would have been no crisis without these giant banks,” Warren continued. “They encouraged reckless mortgage lending both by gobbling up an endless stream of mortgages to securitize and by funding the slimy subprime lenders who peddled their miserable products to millions of American families. The giant banks spread that risk throughout the financial system by misleading investors about the quality of the mortgages in the securities they were offering.”

On Friday, Krugman argued that the financial crisis wasn’t really a problem of too big to fail, but rather a failure to regulate so-called shadow banks — a broad term including just about every financial activity beyond traditional loans and deposits.


“The crisis itself was centered not on big banks but on ‘shadow banks’ like Lehman Brothers that weren’t necessarily that big,” Krugman wrote.

“Revisionist history is dangerous because it can blind us in the present - and bind us in the future,” Warren countered. “Today’s announcement should remind us of the central role that the big banks played in the last crisis - and it is a giant, flashing sign warning us about the central role they will play in the next crisis unless both Congress and our regulators show some backbone. ... Today, our top regulators warned us about the danger of the biggest banks - and we would be foolish to ignore their warnings.”

But what is most shocking in our current journo-historical understanding of the Clinton years is the idea that the mass imprisonment of people of color was an “unintended consequence” of the 1994 crime bill, to quote the New York Daily News’s paraphrase of Hillary Clinton. This is flatly, glaringly false, as the final, ugly chapter of the crime bill story confirms.