Tuesday, October 19, 2010

Tim continues to do his job.

Of course, one could ask who Tim is working for - us in his role as Treasury Secretary or the banks as their friend and supporter. In the latter role Tim is proposing that the moratorium on foreclosures be lifted. Dean Baker totally demolishes Tim's proposal. Baker finds it hard to understand why anyone would possible argue for a lifting of the moratorium when new horror stories surface almost daily. Marion Wang has a tutorial on the issue at ProPublica; Tim should read it.

When will Tim return to private life?

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