Sorry, Mark. | Clipmarks


	Sorry, Mark.

RayWatkins

7-3-2009 2:35 PM

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RayWatkins says:

By G. Rendell July 2, 2009 12:39 pm

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8586bf16-27b7-48f5-9a22-5f04ea8cd44c/67518D2E-53E2-4061-A294-24182BDC9964/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.insidehighered.com/blogs/getting_to_green/sorry_mark" href="http://www.insidehighered.com/blogs/getting_to_green/sorry_mark" style="font-size: 11px;">www.insidehighered.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.insidehighered.com/blogs/getting_to_green/sorry_mark"><P>I woke up this morning to hear the end of a seemingly pleasant<I> </I><A  href="http://marketplace.publicradio.org/display/web/2009/07/02/am_reich_zandi_commentary/"><I>tete-a-tete</I></A><I> </I> between Mark Zandi (of Moody's Economy) and Robert Reich (currently at Berkeley). The statement that stuck in my mind came from the mouth of Zandi; he said "I don't think there's any other issue that policymakers face that is as difficult as the current housing foreclosure crisis."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.insidehighered.com/blogs/getting_to_green/sorry_mark"><P>Ummm ... wrong.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.insidehighered.com/blogs/getting_to_green/sorry_mark"><P>The foreclosure crisis, while difficult to solve, is a piece of cake compared to the global climate disruption crisis. Foreclosure causes are known and relatively transparent, the players involved all want the thing solved, the only questions remaining are what the best course of action is and who's going to get rich along the way. (Sure, all the press is about how people are going broke. But it's just not possible to throw around hundreds of billions of dollars without creating some real wealth in the process. <A  href="http://www.washingtonpost.com/wp-dyn/content/article/2009/06/28/AR2009062802955.html?hpid=topnews">General Electric</A> has figured that out. I'm sure others have, as well.)</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/67518D2E-53E2-4061-A294-24182BDC9964/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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