I don't see how the bailout could work. It is to take until the New Year until 
the bailout starts bailing. Who knows what will happen in the intervening 
months. I thought the crisis was now and that is why action had to be so fast. 
But no immediate action takes place just preparations to do something next year.

Cheers, k hanly

Blog:  http://kenthink7.blogspot.com/index.html
Blog:  http://kencan7.blogspot.com/index.html


--- On Tue, 10/7/08, Charles Brown <[EMAIL PROTECTED]> wrote:

> From: Charles Brown <[EMAIL PROTECTED]>
> Subject: [Pen-l] Krugman
> To: [email protected]
> Date: Tuesday, October 7, 2008, 12:29 PM
> On the Rachel Maddow show last night, Paul Krugman said that
> the bailout
> is not working.
> 
> http://www.rachelmaddow.com/
> 
> Charles
> 
> 
> This message has been scanned for malware by SurfControl
> plc. www.surfcontrol.com
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