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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (274378)10/14/2008 9:45:43 AM
From: Oral Roberts  Read Replies (2) of 793622
 
The Dow seems to like this but I personally don't like it at all. I guess we can kiss the free market goodbye. Hell some of these banks didn't want to be bailed out, didn't need to be bailed out and the government said FU, we are doing it anyway. Lets see, we own auto companies and banks I suppose oil is next:(

CNNMoney.com
U.S. to buy into top banks
Tuesday October 14, 9:24 am ET
By Chris Isidore, CNNMoney.com senior writer

The federal government announced an extraordinary and historic investment in the nation's banks early Tuesday - the biggest bet ever made with taxpayer dollars on the U.S. financial system.
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