THOUGHT FOR THE DAY!
Toxic-debt plan and short-selling curbs lift markets
The U.S. government was crafting a sweeping bailout to mop up toxic mortgage debt that will likely cost hundreds of billions of dollars, curbed short-selling and guaranteed money-market mutual funds, sending global stock markets soaring on Friday.
Webmaster's Commentary:
The problem has not gone away. It's just been shifted from Wall Street onto the taxpayers.




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Dead because of a lie. Dead because selfish people in government wanted a war and lied to get one. How can you not be angry?


Comments
Toxic-debt plan
poorrichardWhen the Stock Market goes up, it means the borrowers are wining, when the Stock Market goes down it means that the savers are winning.. High interest rates are good for savers, but crummy for borrowers.