Free Republic

WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke stressed Tuesday that major financial institutions would not be allowed to fail given the fragile state of financial markets and the global economy. In a speech in Washington, Bernanke repeated that a sustainable economic recovery will "remain out of reach" until the banking sector is stabilized. A recovery later this year is not out of the question, Bernanke said. ************************* 'It was the...collapse of banks and other institutions in late 1930 and early 1931 that made the Great Depression great.' — Fed Chairman Ben Bernanke

In an interview with CNBC, Representative Barney Frank says he wants to push for prosecution of the people who caused the country's financial meltdown. The Massachusetts Democrat says he has no specific targets in mind, but says the most significant thing lawmakers can do is make past bad practices illegal.

The San Fran Nan, et. al. are not terribly happy with Obama now.

The Tennessee GOP is offering a GREAT new bumper sticker to express opposition to the out-of-control spending and bailout frenzy coming from the Obama administration and the Democrat Congress. It reads, "HONK If you're paying my mortgage," and it is selling extremely fast across the country. Special offer for FREEPers: Make a donation of $25 and we'll send you ten - that's $5 cheaper than the online price. Make your donation via the secure form at http://www.tngop.org/contribute/ and then forward your email receipt to billhobbs-at-tngop.org with "FREEP HONK SPECIAL" in the subject line and we'll get them sent out to...