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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: Steven Pearlstein

Steven Pearlstein stories: 13 news summaries
OPINION

 Face It: the Public 
 Option's a No-Go 

'Political litmus test' wouldn't be effective anyway

Aug 19, 09 8:31 AM CDT
(Newser) - The public health care option is simply a “political litmus test” pushed by left-wingers to represent their side of an “ideological war”—and it’s time to give it up, writes Steven Pearlstein in the Washington Post. “There is nothing about having one government-owned health insurance... More »

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health insurance • health care reform • Steven Pearlstein • public option

OPINION


 Change the Fed, 
 Keep Bernanke 


Aug 14, 09 6:52 AM CDT
(Newser) - The Federal Reserve is ripe for some major changes everywhere but at the top, Steven Pearlstein writes for the Washington Post. It's finally clear that the job "involves a lot more than adjusting interest rates," and we've seen the drain that happened when we "left the previous... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • Larry Summers • bank regulation • financial crisis • Steven Pearlstein

(Newser) - If you want to see a health care plan that will hike your taxes, increase your medical expenses, and swell the deficit, Steven Pearlstein can name one: "Doing nothing as we continue to search in vain for the perfect plan." For the Washington Post columnist, a somewhat... More »

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health care • Barack Obama • health care costs • health insurance • deficit • health care reform • Steven Pearlstein

OPINION

Obama's Bank Plan Punts on Tough Parts

Krugman, Pearlstein agree: It doesn't address key problems

Jun 19, 09 7:48 AM CDT
(Newser) - Barack Obama knows what caused the financial crisis, but his regulatory plan “basically punts on the question of how to keep it from happening all over again,” writes Paul Krugman in the New York Times. Obama’s plan takes the crucial step of regulating the “shadow... More »

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Barack Obama • regulation • Paul Krugman • financial sector • bank regulation • Obama administration • banking industry • Steven Pearlstein

OPINION

Don't Listen
to Krugman—
This Plan
Might Work

Pearlstein lays into fellow columnist

Mar 24, 09 7:51 AM CDT
(Newser) - Even before the full details were released, critics were bashing the Treasury's public-private asset purchase plan; Paul Krugman predicted it would fail and lead the country into depression (not to speak of the writer into despair). Steven Pearlstein begs to differ, and the markets seem to agree. For the Washington ... More »

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nationalization • Treasury Department • Paul Krugman • Obama administration • Steven Pearlstein • Timothy Geithner • toxic assets • TALF • Public-Private Investment Program

OPINION

Calm Down, Government Debt Won't Kill Us


Mar 4, 09 12:11 PM CST
(Newser) - Republicans have become born-again deficit hawks, decrying the debt President Obama is handing America’s grandkids. “What’s missing,” writes Steven Pearlstein in the Washington Post, “is any sense of perspective.” The added $2 trillion pales before the $66 trillion spent annually on Social Security and... More »

MORE ABOUT:
Barack Obama • debt • deficit • national debt • fiscal conservatives • Obama administration • Steven Pearlstein • President Obama

OPINION

Autoworkers, Bankers Have a Lot in Common

Exorbitant pay of both brought down their respective industries

Feb 18, 09 9:11 AM CST
(Newser) - They may not seem all that similar, but Detroit’s autoworkers and Wall Street’s bankers have the same story, writes Steven Pearlstein in the Washington Post. From the 1950s up until, say, yesterday, "autoworkers were the aristocrats of the blue-collar world, (and) Wall Street traders and... More »

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Wall Street • Detroit • auto industry • compensation • banking industry • financial crisis • Steven Pearlstein

OPINION

No Silver Bullet for Crises Like These: Pearlstein

Complex financial system requires complicated fixes ... and lots of patience

Jan 23, 09 11:22 AM CST
(Newser) - With various factions blaming a single factor—and pushing a single solution—for the financial crisis, Steven Pearlstein of the Washington Post cautions that there won’t be a silver bullet. Reducing foreclosures, removing toxic assets, and nationalizing banks will all come into play; meantime, we must “resist the... More »

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foreclosure • mortgage backed securities • subprime crisis • financial crisis • recapitalization • Steven Pearlstein • toxic assets

OPINION

 Quit Griping About 
 Bailout: It's Working 

Was it fair? Nope, but who cares?

Jan 14, 09 11:18 AM CST
(Newser) - Critics of the Treasury’s $700 billion bailout—and there are so many of them these days—grouse that it’s done nothing but line the pockets of undeserving bankers. “Maybe I’m missing something,” writes Steven Pearlstein of the Washington Post, “but I don’t... More »

MORE ABOUT:
bailout • Troubled Asset Relief Program • Wall Street bailout • Steven Pearlstein • TARP

OPINION

Madoff Scam Proves Wall St. Incompetence

Drastic regs needed, and be sure financial firms will resist

Dec 17, 08 2:20 PM CST
(Newser) - If the Bernard Madoff scandal teaches us anything, it’s that Wall Street’s masters “aren’t just too clever by half,” writes Steven Pearlstein in the Washington Post, “they’re not clever at all.” They didn’t just get “bamboozled by a con artist,... More »

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fraud • accounting firm • Steven Pearlstein • Bernard Madoff • ratings agencies

OPINION

What a Detroit Bankruptcy + Bailout Should Look Like

And what the bailout might look like

Nov 19, 08 10:14 AM CST
(Newser) - Barack Obama isn’t in the Oval Office yet, but he’s already passed his first presidential test “with flying colors,” in Steven Pearlstein’s book. With Democrats ready to roll over for the not-so-big three, and Republicans stonewalling, Obama broke the stalemate with just the right bankruptcy-then-bailout.... More »

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Barack Obama • auto industry • Big Three • bailout • Steven Pearlstein • President Obama • auto bailout

OPINION

 How Hank Paulson Blew $125B 

The banks have the cash, but why is everyone surprised they're not lending?

Oct 31, 08 9:15 AM CDT
(Newser) - Not too long ago, critics from left and right were clamoring for Hank Paulson to abandon his plan buy up toxic mortgage-backed securities at auction to unlock credit markets. Instead, they argued, the government should give money directly to banks for them to lend. Too bad Paulson listened, writes Steven... More »

MORE ABOUT:
Henry Paulson • Treasury Department • mortgage backed securities • subprime crisis • financial crisis • Steven Pearlstein

Analysis

 Panic Has Passed, 
 but We Haven't Hit Bottom 

Get ready for a long recession

Oct 15, 08 11:00 AM CDT
(Newser) - The most panicky phase of the global financial crisis is likely over, thanks to the combined efforts of the world’s governments, writes Steven Pearlstein in the Washington Post. But don’t “confuse this moment of calm with a stock market bottom or a sign that a serious... More »

MORE ABOUT:
stock market • recession • credit market • market bubble • housing bubble • financial crisis • Steven Pearlstein

13 Stories


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