Financial Observer on November 22nd, 2008

How To Save The Auto Industry Without Giving Bailout Money To The Automakers
In September of 2008, the White House proposed and the U.S. Congress ratified a plan to invest $700 billion dollars into the U.S. banking system to stave off disaster and to put banks back into the lending mood.
Although I tend to stand in [...]

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Financial Observer on October 4th, 2008

Okay, I must admit that this bill would not have been my first and best bill from any Congress. I really don’t care for big government or the $700 billion barn burner that passed today, but it needed to be done.
Somehow, some way, the Feds needed to shore up the American economy, by providing banks [...]

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