GOP argument against reform is upside-down, writes Paul Krugman
(NEWSER) - With financial reform on deck, Senate Republicans are busily figuring out how many "can get away with claiming that war is peace and regulating big banks is doing those big banks a favor," writes Paul Krugman in the New York Times . Alabama's Richard Shelby is portraying efforts to rein in big banks as a bailout, and John Boehner recently urged bankers to stand up to Congress and "not let those little punk staffers take advantage of you." But in this case, Krugman says, it's those "punks" who are looking out for the taxpayer. More»
