are lukewarm at best. Today’s Wall Street Journal op-ed (“The Geithner Asset Play“) raises the appropriate objections. The goal of the plan, which is to
The recently announced Fed action has been characterized as a massive exercise in printing money, in “pumping liquidity“. But such characterizations, once again, are misleading.
The solution to the toxic asset problem, and the credit crisis, may well be the one propounded by Holman W. Jenkins in his Wall Street
There is another Bible verse we should remember during this time of troubles: “The king’s heart is in the hand of the LORD, as the
If election politics are getting you down, just recall Psalm 93: 1 ¶ The LORD reigneth, he is clothed with majesty; the LORD is clothed