James Pethokoukis

An economic double whammy

October 4, 2010

My pal Don Luskin  gets it just right in the WSJ today: America is wrong on both taxes and trade.

TARP reconsidered

October 4, 2010

Interesting piece by former FDIC head Bill Isaac on the bank bailout:

In truth, customers of money market funds had already been calmed when Treasury issued a 100% guarantee of their money – before TARP was enacted.  The FDIC had the authority to reassure depositors under existing law, as was in fact done shortly after the TARP was enacted.