Michael Reagan Says A Bailout Is Not the Answer

A Bailout Is Not the Answer

Wednesday, September 24, 2008 4:56 PMBy: Michael Reagan
  

Congress is running around in circles trying to figure out how to handle the hot potato the Bush administration has handed them with its $700 billion bailout proposal, and how they can load it up with their own list of taxpayer-financed handouts.

If left to their own devices, they'll turn it into a giant cookie jar instead of taking the trouble to enact the measures that will boost the economy when it is in deep trouble.

The bailout is a panic remedy designed to prop up the crumbling mortgage market by buying up mountains of near-worthless paper currently poisoning America's credit system while ignoring the root causes of the nation's economic malaise.
click here for full article:http://www.newsmax.com/reagan/economic_bailout/2008/09/24/134073.html
 

WE'RE A 100% LISTENER SUPPORTED NETWORK

3 Simple Ways to Support WVW Foundation

Credit Card
100% Tax-Deductable
Paypal
100% Tax-Deductable

Make Monthly Donations

 

-or-

A One-Time Donation

 
Mail or Phone
100% Tax-Deductable
  • Mail In Your Donation

    Worldview Weekend Foundation
    PO BOX 1690
    Collierville, TN, 38027 USA

  • Donate by Phone

    901-825-0652

WorldviewFinancialTV.com Banner