Every hour of every day brings reams of fresh news reports and commentaries on the Wall Street crisis and the competing bailout proposals wending their way through Congress, but that doesn’t mean you can learn anything from most of them. Here’s a guide to the best, most comprehensible commentaries on the present mess.
A few weeks ago the Republican Party adopted the latest iteration of its party platform during the Republican National Convention in St. Paul. The platform embodies the ideals and vision…
Sen. Norm Coleman said on the campaign trail Saturday that the $700 billion bailout of Wall Street could eventually become a boon to taxpayers and that firmer regulations might not be the answer.
A very brief look at the…
The Federal Reserve announced Tuesday evening that it’s giving American International Group an $85 billion loan to bail out the multinational quasi-insurance and investment corporation after the company traded in unregulated credit default swaps and other risky ventures and landed at the doorstep of default. How much would that $85 billion in corporate welfare be worth to those who truly need a safety net?
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