Felix Salmon

Metaphor watch, Buffett edition

August 19, 2009

Warren Buffett sure does love his metaphors. Here he is talking about mistakes being made in economic policy during the crisis:

Metaphor of the day, Hank Paulson edition

June 9, 2009


Hank Paulson has decided that the TARP repayment proves that the program “worked to stabilize our financial system”. Obviously, if you give people a bunch of money they don’t want, and then reluctantly accept that you’ll allow them to repay it, then you must have achieved something substantial, right?