Senator Shelby, please consider making accounting reform your line in the sand

By: red_oakster (Diary)  |  September 22nd at 05:10 PM  | 

Henry Paulson’s opposition to suspending mark-to-market accounting rules has been incredibly obtuse. Today, one of the most accurate economic forecasters, Brian Wesbury offered an alternative to the bailout that is much less costly. While I think we now need some kind of bailout to prevent a collapse, Wesbury’s argument is compelling. http://www.ftportfolios.com/Commentary/EconomicResearch/2008/9/22/heresaplantoavoidanew_rtc Conservative Republicans can and should insist on this reform as part of any | Read More »