Tag Archive for Wall Street bailout

Who’s Going To Bail Us Out?

By Michael M. Shapiro The federal government’s proposal to spend approximately $700 billion to bail out financial institutions drowning in the sub-prime mortgage mess raises the issue of whether such a bailout should be taking place.   It would seem that…

NJ Legislators Split As Wall Street Bail Out Fails

WASHINGTON, D.C.—New Jersey congressmen split 7-6 in voting against the $700 billion Wall Street bail out plan proposed by the Bush administration in the wake of a nationwide mortgage crisis, which triggered bank failures and a diminutive stock market crash…

Congress Should Vote ‘No’ on Bailout

By Bob Barr The leaders of both the Republican and Democratic Parties are rushing ahead with their $700 billion bill.  Without a single hearing and without considering other solutions, Congress is preparing to put the typical American family on the…