Here is an excerpt from a Time Magazine article which makes the case AGAINST the huge bailout being pushed down our throats. Here is an excerpt: Let Risk-Taking Institutions Fail By Ari J. Officer and Lawrence H. Officer Monday, Sep. 29, 2008 “Follow the money. Average Joes and Janes are not the holders of the [...]
Posts Tagged ‘Wall Street’
Let Risk-Taking Institutions Fail
Posted in finance, politics, tagged Bailout, financial, financial sector, mortgage bailout, National Debt, politics, Wall Street on October 1, 2008 | 2 Comments »
The Credit Crunch Arrives
Posted in Happiness, politics, tagged credit crunch, depression, mortgage bailout, National Debt, politics, Wall Street on September 30, 2008 | Leave a Comment »
Here is a link to today’s Time Magazine article about the credit crunch rolling out in America today. An excerpt: “For car loans, the division between those who feel the crunch and those who don’t often comes down to credit score. The average 60-month new car loan is priced at 7.10%, not much different than in [...]
