Springtime for Bankers - NYTimes.com

Springtime for Bankers - NYTimes.com

Posted on Facebook by | Climate Hawk Johnson
‎"For our current deficit is overwhelmingly the result of the 2008 financial crisis, which devastated revenue and increased the cost of programs like unemployment insurance. And while we managed to avoid large direct bailout costs (a fact not appreciated in public debate), we might not be lucky next time."
http://www.nytimes.com/2011/05/02/opinion/02krugman.html?hp
www.nytimes.com

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Climate Hawk Johnson ‎"And one more thing: by standing in the way of regulations that would limit future financial crises, Republicans are giving further evidence that they don’t really care about budget deficits."

Climate Hawk Johnson ‎"More and bigger crises; more and bigger bailouts; more and bigger deficits. If you like that prospect, you should love what the G.O.P. is doing to financial reform."
minutes ago · Like