I agree with the Treasury's decision to not bale out Lehman Bro.s and Merril Lynch. Let the market and money follow common sense rather than political short term aims. Some will fail and lose money, the rest of us taxpayers should not be fund financial excess or stupidity.
Someone needs to stick a nickle on her needle
hey nancy, how about this; WHO RAN THE MAJORITY IN CONGRSS
Typical Democrat. Cause a problem and then blame a Republican for it.
“The New Direction Congress passed...
Congress has passed fewest number of bills in two decades
"The 110th Congress, whose term officially ends in January, hasn't passed any spending bills or attacked high gasoline prices. But it has used its powers to celebrate watermelons and to decree the origins of the word "baseball."
Barring a burst of legislative activity after Labor Day, this group of 535 men and women will have accomplished a rare feat. In two decades of record keeping, no sitting Congress has passed fewer public laws at this point in the session -- 294 so far -- than this one. That's not to say they've been idle. On the flip side, no Congress in the same 20 years has been so prolific when it comes to proposing resolutions -- more than 1,900, according to a tally by the nonpartisan Taxpayers for Common Sense..."
The Do Nothing Democrat Congress.
And here, I thought the Dodo was extinct!
“Millions of Americans are feeling the pain of eight years of disastrous economic policies – job losses, foreclosed homes, reduced home values, eroded pensions, high gas prices and compromised financial futures. We cannot allow the economic policy failures of the Bush Administration to continue... “Eight years of weakened regulation of our nation’s financial system – including a failure to regulate risky, and often predatory, lending practices – by the Bush Administration and Republicans in Congress have led us to this point,Reality to 9% Nan - HELLO, anyone home? You and your fellow dems under Billy Jeffs reign, along with the race hustling poverty pimps, created the housing, loan and banking fiasco. And if I was YOU, 9% Nan, I wouldn't go near 'gas prices'.
Now you know why you see people in an Insane Asylum smiling all the time. Like 9% Nan's above ramblings, they're completely delusional, detached from reality, and exist in some alternate universe.
Pelosi: “WE MUST CONTINUE THE FAILED POLICIES OF THE DEMOCRAT MAJORITY IN CONGRESS!”
When Pelosi took control of Congress, DOW was at 12,400. Now it is under 11,000.
Nice going, Nan.
Raise the question of what did the executives of Freddie and Fannie get for their “investments” in Obama?
Then end with showing how Obama’s “change” is merely the same old failed Democratic economic policies.
Ditto.
I blame all the ivy league educated folks on wall street for this mess. Many of them democrats, many of them working on Obama’s economic team.
Lets make it even more simple. Never invest in any corporation controlled by liberals.
McClatchy, Lehmann Brothers,Freddie Mac and Fanny Mae are real life models of what happens when liberals are in charge of corporations:
Please wise and conservative, never invest your hard earned savings into stock of corporations controlled by liberals.