Posts Tagged ‘banks’

A Solution to the Financial Crisis: Require Insurance Before the Bailouts

Sunday, March 15th, 2009

There is a passionate discussion going on about the government bailout and its costs. Some say that there should be no bailout, and that the the taxpayer is being unfairly stuck with the cost. Some believe that the financial system should be allowed to operate without interference - that, ultimately, the free market will prevail. On the other [...]

Trust in Banks and the Congressional Pig Roast: FreePassers in the Beltway

Tuesday, February 3rd, 2009

Although my last several posts have focused on FreePassers in corporate America and on Wall Street, we also find an abundant number of them in government, especially in Washington, D.C.
Trust the Banks: One of the Greatest Lies in History
When the original TARP (Troubled Asset Relief Program) legislation was first introduced it had few restrictions and was [...]