Which is the whole point of the creation of FNF. Taxpayers werent there in the late 20s. Private capital completely shut down. These government tools need to stop using the word taxpayers, as if we get checks or refunds.
Which is the whole point of the creation of FNF. Taxpayers werent there in the late 20s. Private capital completely shut down. These government tools need to stop using the word taxpayers, as if we get checks or refunds.
stopped us not from just a depression but the GREATER DEPRESSION
all IMO
now F and F should be returned
now the banks should be pushed harder and some heads should have been chopped and put in jail
but nothing changes the reality that Paulson Bush Obama Geithner and Bernanke in 2008 and 2009 saved our butt
proof
look at the market at the nadir
look when it turned up (when the Fed clearly was loose and BO got his Keynsian Stimulus (I agree with Keynes that GOV has a role to step in when there is danger)
look at housing now v then
look at the health of banks and F and F
do we have stagnating pay in the middle - yup (is that the result of dems or reps - not really - it is a phase in post industrial America in a global economy. Could we help ourselves? Yup but not with this congress which only wants to enrich the supremely richest of rich and otherwise shut down GOV and reduce safety nets and transfer programs that keep places like Walmart (nation's largest employer !!) in business
And this congress will not invest in highways and other capital good - which is insanity beyond imagination
enough
blame for many - but all fashioned moderate DEMS and REPS had it right .... be you center left or center right (Clinton Obama - Bush Daddy and Nixon) -- it works .... either extreme be it lefties beyond reach or reactionary tea partiers and its bad news bears