http://news.yahoo.com/s/ap/20080402/ap_on_bi_ge/bernanke_congress
After reading this article, the part where it says that bailing out Wall Street could cost the taxpayers billions, are you in favor of this bailout?
I had also told many people that once Rupert Murdoch took over the Dow Jones and the Wall Street Journal, he would wreak havoc on the financial markets.
So, in your opinion, do you feel we should bail out Wall Street?
In the last paragraph, it states the Federal Reserve Bank (which isn’t Federal and is a privately owned corporation) would become “top cop” in charge of financial market stability.
Does this scare you at all?
Tha_Original–what about all the people who had their stock in Enron? They were told (that is the employees who worked there) they couldn’t sell their stocks but what did the head honchos do? They sold their stocks and then the company went under.
Oh yeah, keeping your money in the stock market is smart.
Loretta
