September 19, 2008
Money-Business Permalink View Article Stats
Government Welfare Buyouts and Rescues; Are They Over Yet?
By Rob Kall (about the author ) Become a Fan (193 fans)
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Government Welfare Buyouts and Rescues; Are They Over Yet?
The Republican administration and it's fake Democrat rubber stamping congress has invested hundreds of billions-- Reuters says a trillion- in rescuing Fannie Mae, Freddie Mac, Bear Stearn, AIG... and the question is, are they finished yet?
Will there be more massive loans or government takeovers that amount to corporations become socialized-- even whole industries? And is this practice, without the will or the support of we-the-people considered, will it rescue our economy or put it over the edge and into the abyss of a massive depression?
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Rob Kall is executive editor, publisher and site architect of OpEdNews.com, Host of the Rob Kall Bottom Up Radio Show (WNJC 1360 AM), President of Futurehealth, ( more... )