ARCHIVED BLOG POSTS
2008
2
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To date nearly half of the $350 Billion of the $700 Billion TARP (Troubled Asset Relief Program) fund, approved by congress and earmarked to "bailout" financial institutions, has been distributed. At week's end about $17B remained uncommitted, that is, until President Bush and Treasury Secretary...
12/22/2008
0
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Washington's programs have lifted Wall Street a bit. But, little has reached Main Street and this is where future economic groundswell must be generated, from the bottom up. Passing over the little guy, as billions upon billions are dished out to Wall Street cronies and other special interest gr...
12/22/2008
0
Comments
Washington's programs have lifted Wall Street a bit. But, little has reached Main Street and this is where future economic groundswell must be generated, from the bottom up. Passing over the little guy, as billions upon billions are dished out to Wall Street cronies and other special interest gr...
12/15/2008
Over the past year, we have heard the different corners of the business and political spectrum declare that "the economy is in recession" and another answer "no it isn't, it takes two back-to-back negative growth quarters to make a recession." And we are supposed to believe that a official decla...
12/08/2008