(Modern) History Quiz

“You have to wonder what it will take for serious people to realize that punishing the populace for the bankers’ sins is worse than a crime; it’s a mistake.”

Who said the above, about what?

A. President Obama, about TARP, zero percent interest rates, and other Wall Street bailouts.
B. FDR about investment bankers, circa 1933.
C. Paul Krugman, about the so-called IMF bailout of Ireland.
D. William Jennings Bryan, about the Gilded Age bankers.

Answer: C. (See, ‘Eating the Irish” in today’s NYT).

“A.” is just wishful thinking; “B.” and “D.” never happened — but could have.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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