there is a senate hearing about to start.
Lessons from the new deal(follow the link and you can watch it aparently. starts 2:30 eastern)
The witness on Panel I will be The Honorable Christina Romer, Chair, Council of Economic Advisors. The witnesses on Panel II will be: Dr. James K. Galbraith, Lloyd M. Bentsen Chair, Lyndon B. Johnson School of Public Affairs, University of Texas at Austin; Dr. J. Bradford DeLong, Professor of Economics, University of California Berkeley; Dr. Allan M. Winkler, Professor of History, Miami (Ohio) University; and Dr. Lee E. Ohanian, Professor, University of California, Los Angeles.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, March 31, 2009
senate hearing
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