Thursday, March 05, 2009

Dave Lindorff: "Kiss the Banks Goodbye and Refocus on Rebuilding the American People" - This Can't Be Happening!

[Excerpt]  The futility and stupidity of the Fed’s and the Obama administration’s policy of pumping ever more money into failing banks and insurance companies in a vain effort to get them lending again was demonstrated—if anyone was paying attention—by the collapse in auto sales this past month, with all the leading companies, Ford, GM and Toyota, reporting sales down by about 40%. ... Read more.

No comments: