The government has announced plans to rescue the banking system, to stimulate the economy, and to prevent mortgage foreclosures. These programs have generated many questions regarding their implementation and efficacy. However, the really big question that no one in Washington, D.C. seems to be asking is, Who picks up the tab for the cost of all of these programs?
Bringing up [...]
Archive for the ‘Federal Reserve’ Category
I’m not an opportunist by nature. Although the current economic crisis seems the appropriate time to launch my FreePassers.com blog, I assure you that my study of this phenomenon has been ongoing, and its contribution to today’s state of affairs was predictable. I can tell you without qualification that the reform of the FreePasser mentality [...]