I thought this was an interesting article. What do you think?
Much of the economic policy talk that is being thrown around right now is seriously over my head, much as I wish it were not. It does not make sense to me to have the government swoop in and save us from our financial woes. On the other hand, people with much more economic know-how than myself seem to think it is the only way to save us from global financial disaster.
Still, $700 BILLION???
How good an idea is it, really, to have Washington suddenly "owning" half of Wall Street? Their own track record with debt is less than stellar.
And where, exactly, is this tremendous amount of money going to come from?