I used to support what the Fed did or does to save the financial market that as a whole would save the economy. But recently, the fed keeps doing something to save a investment bank Bear Sterns and I really have no idea what impact of fall down of this institute would do to the economy. I strongly feel that this action is totally an act of a corrupted government trying to save the as.. of the rich. Maybe I am wrong. Can anyone name a few pros and cons please?
REad GolfGal’s posts in the other BSC threads. Although I find it very distasteful as well, it maybe that it was better alternative in the short term. In either case, it sets an extremely dangerous precedent for the greater economy.
REad GolfGal’s posts in the other BSC threads. Although I find it very distasteful as well, it maybe that it was better alternative in the short term. In either case, it sets an extremely dangerous precedent for the greater economy.
REad GolfGal’s posts in the other BSC threads. Although I find it very distasteful as well, it maybe that it was better alternative in the short term. In either case, it sets an extremely dangerous precedent for the greater economy.
REad GolfGal’s posts in the other BSC threads. Although I find it very distasteful as well, it maybe that it was better alternative in the short term. In either case, it sets an extremely dangerous precedent for the greater economy.
REad GolfGal’s posts in the other BSC threads. Although I find it very distasteful as well, it maybe that it was better alternative in the short term. In either case, it sets an extremely dangerous precedent for the greater economy.
It sends the wrong message to Wall Street and the general public. The government should stay out of the affairs of private business’ and let them sink or swim.
It sends the wrong message to Wall Street and the general public. The government should stay out of the affairs of private business’ and let them sink or swim.
It sends the wrong message to Wall Street and the general public. The government should stay out of the affairs of private business’ and let them sink or swim.
It sends the wrong message to Wall Street and the general public. The government should stay out of the affairs of private business’ and let them sink or swim.
It sends the wrong message to Wall Street and the general public. The government should stay out of the affairs of private business’ and let them sink or swim.
I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.
I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.
I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.
I am afraid that continuing throwing money to save this bank and others will eventually bleed the reserve for something really emergency in the future. Besides, if the fed will not be able to save it, it tells others that this is all the fed and the country have to save the world. By then, we will have more confidence problem. This is very risky.
