Go easy on the Bankers
Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on the bankers.
Those are the opening words of Go Easy on the Bankers, the powerful column in today'sNew York Times by Paul Krugman.
He pulls no punches.
He says things a lot of people have perhaps been thinking.
He applies it to the closing months of the Bush administration
when a huge lifeline for the banks was made available with few strings attached.
