Tuesday, January 20, 2009

The Sage Speaks!

As all eyes turn towards DC this afternoon for the swearing in of our 44th president I thought I’d share a comment that the noted regional economist, Anirban Basu, gave at a business luncheon in Baltimore two weeks ago.

The sage of the Sage Policy Group said “Washington, D.C. is the new Wall Street.”

That’s what happens when the government becomes the lender of last resort. Somehow I think this may actually benefit this region.

2 comments:

Freemarket said...

He is a really funny guy and an enteraining speaker, but I am very unimpressed with his economic analysis. How do you suppose that this bailout will benefit the region?

Anonymous said...

Anirban Basu may be the most overhyped, over-used, over-recited, spewer of contrived and manipulated information ever. Is there ever any function in this region that he doesn't speak at? His positions always seems to support certain political positions of certain politicians, which is why I find him uncredible, as opposed to incredible.

Get some new, fresh, unbiased opinions on issues affecting this area, from someone other than this politically paid-off windbag.