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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Republican Jobs: Current openings at IRI

A non-profit and non-partisan organization (in that it does not work on partisan causes), the International Republican Institute works to advance freedom and democracy around the world.
This is a great resource for conservatives to do more than just “think-tank” work. The IRI actively works to spread democracy and freedom around the world and has positions [...]

US Government commits to a bailout of the banks…

Following an emergency meeting Thursday night, the Bush Administration and Congress have pledged to work together to commit the US Government to potentially a full intervention in the US financial markets to try to resolve the credit crisis in hopes of staving off broad damage to the United States economy and financial markets.