Monday, June 07, 2010

Paternal scaleability

...Describes the relationship between politician and constituent, with the very unfortunate side effects of condecension as well as capitulation to the inevitable tantrums. This of course reinforces unproductive expectations.

Since the precedent of bailouts has been set and replayed several times, it will be interesting to observe how both parent and child behave when the FHL banks finally capitulate.

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