cartoon by Nick Anderson
There is a certain trust required for any investment to be made. You have to trust that the party on the other end of the investment is solid, believable and honest.
If you place your savings in a bank at 2%, you expect to get your principle back plus the 2%. [...]
If you think Obama will save America, you have to believe in miracles. We are a bit more pragmatic. Real action has to be taken. Obama and the Democrats have done nothing but spend money. Liberals cry about the debt brought about by the GOP and the war, but Obama and the Democratic Congress have [...]
As you probably know, if exposed to any news at all in the past two months, the Federal Government is bailing out the financial industry to the tune of $700 billion (or more…much more). With respect to the banks, their plan is to buy up bad debt with the hope of resolving the financial crisis and perhaps some day recovering that money.