Economic Crises Demands Free-Market Solution
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http://www.unfspinnaker.com/discourse/2008/09/24/economic-crisis-demands-free-market-solution/
Type of Content: Article If bailing out Fannie Mae, Freddie Mac, IndyMac and Bear Sterns did not provide enough liquidity into the banking system, why is the Federal Reserve bailing out AIG to the tune of $85 billion and laying out plans to infuse “hundreds of billions of dollars,” according to Treasury Secretary Henry Paulson at a press conference Sept. 19? The government’s unprecedented, unconstitutional and inefficient intervention has not worked, yet the politicians and the political operatives continue to tell the American public to hang on – it will only take a few more hundred billion dollars. Read »
Created 15 weeks 9 hours ago
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