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Moving Quickly to Restore Confidence?????????
Does this approach to the Bailout breed confidence in you?
It doesn't breed confidence in me.
Date: 9/23/2008 2:56:47 AM ( 16 y ) ... viewed 1431 times
12:54 AM
September 23, 08
Part of the Speed to do the Bailout, using Taxpayers funds,
is to restore Confidence so the economy that is based on
individual Trust and Credit, does not Freeze up totally.
This statement from this Commentarty does not breed confidence in me:
"It is no wonder that the Bush administration is pressing to get the plan passed quickly before any real oversight can be brought to bear, because even the simplest due diligence suggests that it needs some work if the taxpayer's interests are to be even minimally protected and some real oversight brought to bear on the whole process," wrote Josh Shapiro, chief U.S. economist at MFR Inc. in a note to clients."
http://www.marketwatch.com/news/story/echoes-iraq-bushs-handling-mortgage/sto...
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