Wednesday, February 25, 2009

Zombie is the new 'jump the shark'

Zombie banks. Zombie lies. Did I call this zombie meme or what? Today Krugman posts, "All the President’s zombies". And quoting the Economist:
At this stage, I joked, I’d be just as happy with them just saying, “We have a strategy, we will continue to inject capital to prop up zombie banks indefinitely. That’s pretty much the whole plan and we’re counting on it bringing the financial sector back to life someday, somehow”. Is it just me or is that pretty much what Ben Bernanke said yesterday?
Sadly, Bernanke's zombie policy is murdering my retirement account just when I really need it to bail myself out

[More posts daily at The Detroit News]

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