Government running the car companies?
Pelosi believes this:
And she proposes Paul Volcher? What expertise does Volcher have?
House Speaker Nancy Pelosi said she supports the concept of a federal overseer of any rescue plan, saying she lacked confidence the heads of the car companies could solve the problem if "left to their own devices." . . . .
And she proposes Paul Volcher? What expertise does Volcher have?
Labels: bailout, Regulation
posted by John Lott at 2:58 PM
1 Comments:
Now here's a multibillion dollar question: "What expertise does Volcher have?"
The blog Thoughts by Cincinnatus noted back on Nov. 26 the following: "Do we really need to reach back to a Carter administration appointee to advise Mr. Obama on the current economic crisis? Does anyone remember the economy under President Carter? Can you repeat the word, Stagflation?"...
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