Tuesday, February 2, 2010

Simon Johnson Weighs In On 'Move Your Money'

Simon Johnson, former chief economist of the International Monetary Fund, is a professor at the MIT Sloan School of Management, a senior fellow at the Peterson Institute for International Economics, and a member of the CBO’s Panel of Economic Advisers.  He is a co-founder of The Baseline Scenario.

In other words, Simon Johnson is not some angry middle-aged guy living with his gun collection and Confederate flag in his mom's basement. He's not AstroTurf, as the White House and Miss Nancy would wish to characterize anyone who dares to disagree with them.

Simon Johnson says it's time to take your deposits and run from the big banks. And he tells us why, with an insightful look into our history.

But his real conclusion is the most insightful of all:  It's time to move your politicians.

I have no doubt, that somewhere in the bowels of the White House, Simon's picture graces a dartboard. 

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