{"id":9786,"date":"2008-11-25T11:06:00","date_gmt":"2008-11-25T11:06:00","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/mounting_us_financial_rescue_cost_not_a_worry_now\/"},"modified":"2008-11-25T11:06:00","modified_gmt":"2008-11-25T11:06:00","slug":"mounting_us_financial_rescue_cost_not_a_worry_now","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=9786","title":{"rendered":"Mounting U.S. financial rescue cost not a worry now (or is it?)"},"content":{"rendered":"<p>The trillions of dollars in public funds U.S. officials are putting on the line to stabilize financial markets and protect the economy from a deep recession would, in normal times, inspire fear of soaring inflation and a tumbling dollar.<\/p>\n<p>But these are not normal times.<\/p>\n<p>&#8220;The patient&#8217;s on the floor right now. You want to get him up off the floor; then you worry about diet and exercise,&#8221; said James Horney of the Center on Budget and Policy Priorities.<\/p>\n<p><i><a href=\"http:\/\/www.reuters.com\/article\/GCA-CreditCrisis\/idUSTRE4AN8GA20081124\">Read it all<\/a>. Well, the Reuters headline says it is not a worry now but it is to a lot of us, and it should be as demonstrated in <a href=\"http:\/\/www.tickerforum.org\/cgi-ticker\/akcs-www?post=72618\"\">this article in this past weekend&#8217;s Barrons by Jack Willoughby.  Make sure to read that also&#8211;KSH<\/a><\/i>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trillions of dollars in public funds U.S. officials are putting on the line to stabilize financial markets and protect the economy from a deep recession would, in normal times, inspire fear of soaring inflation and a tumbling dollar. But<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=9786\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,595,149,596,594],"tags":[],"class_list":["post-9786","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-credit-markets","category-economy","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-september-2008-proposed-henry-paulson-700-billion-bailout-package"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9786"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9786\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}