Posts Tagged ‘mark zandi moody’s’

Who insures the government’s billions, trillions and quadzillion jillions bailouts and economic stimulus plans? Answer: (Look in the mirror)

"I would err on the side of making it larger than making it smaller," Zandi said in an interview. "The size of the plan depends on the forecast — the economic outlook — and that is darkening by the day." "Even a trillion is not inconceivable," he said. What is government thinking? Private industry is taking huge licks and this whole escapade has to come to a stop. This is obscene!

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Be the first to comment - What do you think?  Posted by admin - December 17, 2008 at 9:55 pm

Categories: Financial Crisis   Tags: , , , , , , , ,