Follow this link to Robert Kuttner’s open letter to David Axelrod.

He urges David Axelrod to advise President Obama’s team to take a more radical approach to fixing the economic crisis.

Kuttner is on the same side as Krugman, but the way he states his case is not all negative about the Obama team performance.  I hope he has more success in getting President Obama’s attention.

Follow this link to a piece by Mark Hulbert that explains why this stock market downturn may have a lot further to go. His claim that this might be the first genuine bear market in three decades gives further credence to Kuttner’s call for more radical action.