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 [...]
Continue reading about An Invisible Success - Watching The Economic Recovery Package In Action
As we watch the news, we are seeing the great financial institutions of the United States falling by the wayside on what seems like an almost daily basis right now.
Bear Stearns
In March of 2008, the first major institution Bear Stearns reached the end of the road. Over the five years leading up to the collapse [...]
Continue reading about The U.S. Economy: Playing Chicken With The Train Train… Splat!