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  • Wall Street Breakfast: Must-Know News [View article]
    The prognosis is quite positive in 2009 as the Fed and the Federal Government both adopt aggressive measures to contain the crisis. The approach adopted by the FDIC is yet another example of sealing further losses that I have commented on previously. This is working and will prevent the economy from an otherwise quite possible downward spin as portrayed by Roubini and others.
    Jan 02 08:51 am |Rating: +2 -1 |Link to Comment
  • Why Bailouts Are Not the Answer [View article]
    It is certainly correct that Americans need to keep spending within their means. But the immediate concern must be to save the jobs of Americans and the homes of those who have been working hard and paying their mortgages honestly. Without jobs and incomes, where can savings come from?
    Dec 02 11:04 am |Rating: 0 -1 |Link to Comment
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