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.

Del Monte today discusses the Financial Crisis on BlogTalk Radio with “The Hill Chronicles”

Today I did a one-hour discussion with Layla Gonzales (the host) at “The Hill Chronicles” on Blog Talk Radio about the financial crisis. I’ve embedded it into this post for those who may be interested. Next week, I’ll be discussing politics.

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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.

Can Congress Bailout the US financial System? Should it?

(Washington, D.C. ; Right Commentary): To the American Public, the current financial crisis has many villains but none upon whom clearly to pin the blame. Taxpayers are angry at the notion of having to bail out banks, headed by millionaires, whom they believe cheated them out of values in their homes, and in some cases, [...]

Olbermann and Matthews … finally get the hook.

Not that I needed to be told that the New York Times was biased, but this report by Brian Setler is hilarious. Announcing that MSNBC is taking the Olberman/Matthews ticket out of the drivers seat (and perhaps checking them into anger management therapy), he states, “MSNBC tried a bold experiment this year by putting two [...]