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15th September 2008 Charles J. Brown
11:45 am

Thought of the Day

Wall Street might just be in free fall.  Rick Perlstein got an email from a friend on Wall Street who writes,

The collapse of Wall Street will hit Main Street like Ike hit Houston.

That’s not good news, but it misses the point.  The most important question is, will Treasury and the Federal Reserve respond to the collapse of Wall Street like FEMA and DHS did to Katrina?  Because if they do, we’re completely, totally, utterly screwed.

This entry was posted on Monday, September 15th, 2008 at 11:45 am and is filed under foreign policy, globalization, politics. It is tagged under , , , , , , , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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