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.
-
The President is correct. We do have a responsibility to bail out our
Sep 26 08:38 am
|Rating:
0
0
All Comments by Robert Sare/ Decker2 »Regardless of a Bailout, US Economy is Decelerating [View article]
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.