As surreal as it may sound, paulson’s corporate welfare plan in the guise of an economic bailout plan can not exclude foreign corporates. And that’s not because of the reason that paulson gave on the weekend talk shows (You know that one about “even a foreign corporate with significant american operation”).
It’s becuase most of these [...]
Posts Tagged ‘Corporate Welfare’
Bailout plan — Should america bailout foreign corporates?
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Corporate Welfare, paulson's bailout plan on September 21, 2008 | Leave a Comment »
Paulson’s bailout plan wont work for the average american
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged average american, bailout plan, Ben Bernanke, Corporate Welfare, Economy management, FED, federal mortgage bailout, Financial Markets, Frank Paulson, Housing crisis, Mortgage Crisis, paulson's bailout plan, Paulson's plan, Subprime Crisis, US Economy on September 20, 2008 | 1 Comment »
I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]
