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  • Regardless of a Bailout, US Economy is Decelerating [View article]
    The President is correct. We do have a responsibility to bail out our
    economy. Things might be bad for as long as 10 years, otherwise.
    I say more investment will come to our shores from abroad. And
    Wall Street will accept regulations from goverment to prevent the
    problems from reemerging. I short, the tax payer is only out the
    cost of maintaining they high risk mortgages, which should
    average out to a profit if held to maturity.
    What to do with corporation responsibility is another matter!
    How the government should direct these troubled companies
    should be up to the US Federal Reserve and the the US SEC.
    It will be a new partnership. And it should work out.
    Sep 26 08:38 am |Rating: 0 0
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