Stiglitz on Worst Case Scenario
Economist Joseph Stiglitz says everyone would be hurt if nothing is done
Originally broadcast: 60 Minutes - Sun Sep 28, 7:00 PM ET
Wednesday, October 01, 2008 | 12:30 AM | Permalink
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Thanks, Barry. Being a Democrat now, I am a little bit more at ease hearing that from Stiglitz. But I still worry that the Democrats have bought into Paulson hook, line, and sinker and will fall into a political trap Wednesday night that could cost some Senate seats or even Obama the Presidency. I am also worried about how much the bailout will hamstring Obama from moving forward on his energy independence platform.
It's out of our hands. I don't really have a position on this bailout anymore, because I am tired of worrying about it. Let the chips fall where they may.
Posted by: CNBC Sucks | Oct 1, 2008 12:50:31 AM
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