Chris Murphy @ChrisMurphyCT
This is also not the time for dismissiveness about the moral hazard. A major run on banks would be terrible. But so is a continuation of the status quo, where a bailout for the rich is regrettable but sound policy, but a bailout for poor people is dangerous socialism. — PolitiTweet.org
Lawrence H. Summers @LHSummers
This is not the time for moral hazard lectures or for lesson administering or for alarm about the political consequences of “bailouts”. 4/
