Tag archive for ‘Main Goal’
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
Former USD(P) - Doug Feith - to Appear on 60 Minutes
New York (CBSNEWS): The first Pentagon insider to give his account of the run-up to war says the attack on Iraq was more a defensive move against possible future threats from Saddam Hussein than a retaliation for the 9/11 attacks. Douglas Feith, the former undersecretary of defense for policy, also tells Steve Kroft that the [...]
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