More bailouts, backed by taxpayer funds…great?

 
NEW YORK (CNNMoney.com) — The Federal Reserve announced a new program to help the battered market for short-term business loans – taking its closest step yet to lending directly to businesses.
The program addresses commercial paper, a form of short-term funding that is crucial to many businesses operations.
In the past month, the amount of money outstanding [...]

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Wow..economic solutions available 8 months ago.

Isn’t it amazing how those who saw this coming were never really listened to?  You have to ask one of two questions.  1)  Are the folks in Washington (Treasury Secretary, FED, House and Senate) all that stupid, they did not see this coming? or 2) are they in on it.  This is a case of leadership [...]

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Best explanation for NO Bailout

This is the best explanation as to why the bail out is not needed!!!!! It has been pasted in its entirety.
Jeffrey A. Miron is senior lecturer in economics at Harvard University. A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan.
CNN Article:
Commentary: [...]

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