[buwaya]

Er, thats because anybody who is supposed to be working on this isn’t likely to be announcing what they are doing to all and sundry.

There can be no great national conversation on stuff like this. Spin-free technocrat sense is best used quietly, when we are talking about market interventions, interest rates, etc.

[JasonC]

Agreed. But someone has to make the barking moonbats shut up, or they will smash it all to atoms. The Treasury caved to the flack in took over Bear this weekend, and tossed technocratic sense out the window. If the populist firestorm is tolerated and indulged, there won't be any sound policy on any of this.