Sabtu, 14 April 2012

Does anyone else feel that the Wall Street Bailout Plan is like bailing with a sieve?

by SS&SS
Question by Lurker AJ: Does anyone else feel that the Wall Street Bailout Plan is like bailing with a sieve?
I wasn't a Business Major, so maybe someone can explain to me how Borrowing $ 700 Billion of the remaining available capital to buy bad paper is going to make more credit available.

I could see it if the Government actually had the money. But, as it is, it seems like the Feds are going to be competing with the Private Sector for money, further shortening the

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