Morning Must-Read: Dean Baker: Betting Against Subprime Mortgages Was a Good Thing

As Dean Baker points out, stabilizing financial speculators are an enormous asset to an economy: Dean Baker: Betting Against Subprime Mortgages Was a Good Thing: “Billionaire Robert Burns Jeff Greene… …richly deserves to be ridiculed… [for] want[ing] people to get used to lower living standards…. People are wrongly attacking Greene when they complain about his … Continue reading Morning Must-Read: Dean Baker: Betting Against Subprime Mortgages Was a Good Thing