The Sting: Now that the bail out is law - will it work?

Yesterday, the President signed into law HR 1424, the Emergency Economic Stabilization and Recovery Act, also known as “the bailout bill.” With the stroke of the President’s pen, Uncle Sam entered the financial market with 700 billion dollars in cash and a mandate to buy the crappiest investments that Wall Street can muster. The hope of the politicians who passed the measure is that the massive injection of money by the Treasury will stabilize the mortgage market, stop the free fall in the value of equities, and most importantly, keep the entire fabric of western capitalism from unravelling. We should all be cheering, right?

Republican Jobs: Senior Media Relations/Communications Professional - The Foundation for Defense of Democracies (FDD)

Senior Media Relations/Communications Professional - The Foundation for Defense of Democracies (FDD), a non-profit, non-partisan policy institute focused on defeating terrorism and promoting democratic values, seeks candidates to lead our communications and media relations department. This person will manage the day-to-day operations of FDD’s press office and will work across the organization to enhance coverage [...]

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.

Mass Murderers make more than Customer Service Reps?

Possibly Related Posts:

Learning from Lehman - why the Treasury will act to bailout Citibank from failure.
Why Detroit automakers should not get another bail out…
Stock Market Meltdown, Bank Failures, and Recession! Oh my!
US and World Markets fall and Congress looks for blame.
Bail out on the bailout

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