Tag archive for ‘S Market’
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.
Price tag for Government led Wall Street Bailout… $1.3 trillion… saving the US Economy from collapse… Priceless
As a conservative - I’m willing to pay the 1.3T dollars to save the US economy… just like I was willing to spend over a trillion dollars fighting for freedom in Iraq, Afghanistan, and in the Global War on Terrorism. This threat to the United States needed to be dealt with and in a logical way… because stability in the US markets is priceless.
What a Lehman Brothers Bank failure could mean for the US economy and banking system.
Even if Lehman can find a buyer, the venerable bank founded by Mayer Lehman in 1850, will be gone forever. Leaving only Goldman Sachs as the final bank standing of those banks that became New York financial titans founded by Jewish immigrants of the mid 1800’s.
Are we heading for a global recession?
To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]
Why is crude oil (and gasoline) so expensive?
I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]
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