Comments on: Michael Lewis on the Bailout http://www.coyoteblog.com/coyote_blog/2008/09/michael-lewis-o.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Bill Lever http://www.coyoteblog.com/coyote_blog/2008/09/michael-lewis-o.html/comment-page-1#comment-13886 Bill Lever Fri, 26 Sep 2008 21:40:33 +0000 http://coyote-blog.com/wordpress/2008/09/michael-lewis-o.html#comment-13886 <p>The dumbest guys in the room? Probably.. </p> <p>Spengler, writing in the Asia Times about how Russian politicians might think of American responses to their invasion of Georgia: </p> <p>"The fact is that all Russian politicians are clever. The stupid ones are all dead. By contrast, America in its complacency promotes dullards. A deadly miscommunication arises from this asymmetry. The Russians cannot believe that the Americans are as stupid as they look, and conclude that Washington wants to destroy them."</p> <p>http://www.atimes.com/atimes/Central_Asia/JH19Ag04.html</p> <p>Goldman must also be asking themselves if Americans (politicians and their electorates) are as stupid as they look. </p> <p><br /> </p> The dumbest guys in the room? Probably..

Spengler, writing in the Asia Times about how Russian politicians might think of American responses to their invasion of Georgia:

“The fact is that all Russian politicians are clever. The stupid ones are all dead. By contrast, America in its complacency promotes dullards. A deadly miscommunication arises from this asymmetry. The Russians cannot believe that the Americans are as stupid as they look, and conclude that Washington wants to destroy them.”

http://www.atimes.com/atimes/Central_Asia/JH19Ag04.html

Goldman must also be asking themselves if Americans (politicians and their electorates) are as stupid as they look.

]]> By: dearieme http://www.coyoteblog.com/coyote_blog/2008/09/michael-lewis-o.html/comment-page-1#comment-13885 dearieme Fri, 26 Sep 2008 10:35:02 +0000 http://coyote-blog.com/wordpress/2008/09/michael-lewis-o.html#comment-13885 <p>Quite soon it will look a rally small number.</p> Quite soon it will look a rally small number.

]]> By: ElamBend http://www.coyoteblog.com/coyote_blog/2008/09/michael-lewis-o.html/comment-page-1#comment-13884 ElamBend Fri, 26 Sep 2008 01:31:58 +0000 http://coyote-blog.com/wordpress/2008/09/michael-lewis-o.html#comment-13884 <p>The statement is perfectly rational, it's nothing but one big signal to the credit markets that everything is "O.K.," Uncle Sam will take care of you. (never mind the hyperinflation that printing so much may cost). </p> <p>Anything could happen at this point.</p> The statement is perfectly rational, it’s nothing but one big signal to the credit markets that everything is “O.K.,” Uncle Sam will take care of you. (never mind the hyperinflation that printing so much may cost).

Anything could happen at this point.

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