The bailout is not for Wallstreet. It is to keep the economy going.The problem, in essence, is that the Federal Reserve has gotten so overextended they don't have the money to do this, and thus it's become necessary to approve more borrowing by the Treasury. Purchases of troubled assets will generate 10 times the loans and kick start the economy.
read more | digg story
In this blog I will document America's decent into Fascism as it happens.
Subscribe to:
Post Comments (Atom)
4-21-2026
Trump Invokes Wartime Powers to Fund New Energy Projects Netgear Gets Mysterious Exemption To Trump FCC ‘Router Ban,’ Refuses To Say How T...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm...
-
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment