The Coming Bailout of All Bailouts Bill: A Better Alternative

Robert Reich is a small man with a big mind. Clinton’s former Secretary of Labor is now an Obama economic adviser and also a really interesting blogger. I’ve been addicted to his posts during the past few months but now that the focus – everybody’s focus – switches to the economy he becomes required reading. In this post he outlines a common sense approach to bailouts – among other things, he favors letting the executives of these failing companies feel some pain. I like the sound of that.

The Coming Bailout of All Bailouts Bill: A Better Alternative