Tuesday, December 07, 2010

US Political Gridlock Means Second Round Of Fiscal Stimulus

I expressed some concern yesterday, but, of course, I do not have an Inside Job:
... kind of soft corruption: you get paid a lot of money by the financial industry, you get put on boards, but only if you don’t rock the boat too much. Besides, you hang out with these people, and get assimilated by the financial Borg.
Now, we have got Tax Cut Ironies in form of A Second Stimulus. I suppose it is a time of challenge for bond vigilantes.

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