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 discuss Life the Universe and Everything, and maybe even Prairie Home Companion.
Subscribe to:
Post Comments (Atom)
11-6-2024
X Is a White-Supremacist Site Elon Musk’s false and misleading election claims have been viewed 2 billion times on X President Trump's...
-
FLASHBACK: Kremlin to Pitch New Currency... BEIJING TO PITCH NEW GLOBAL CURRENCY; DUMP DOLLAR OBAMA TO THE RESCUE! PLAYS HIS $1 ...
-
"Multiple indications of vote fraud are beginning to pop up regarding the New Hampshire primary elections. Roughly 80% of New Hampshire...
-
Here Are 4 Facts From Democratic Memo That Destroy Trump’s FBI Conspiracy Democratic Memo Missouri governor to be investigated by a spec...
No comments:
Post a Comment