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Posted By STONERS 1 year, 2 months ago in Business & Finance
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Big banks started falling in line Tuesday behind a rejiggered bailout plan that will have the government forking over as much as $250 billion in exchange for partial ownership — putting the world's bastion of capitalism and free markets squarely in the banking business.

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    STONERS1 year, 2 months ago

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    "The new plan, President Bush declared, is "not intended to take over the free market but to preserve it."

    And we should believe him NOW?

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      airglide1 year, 2 months ago

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      Government take over in the private sector is never positive.

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      nikkibabe1 year, 2 months ago

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      India nationalized all banks in 70's to avoid what this country is experiencing.

      Now US government is doing it through the back door!

      It is like Bush & his Republican hypocrites preferred to wear gay wedding gowns overnight!!

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