Elsewhere on The Exxchange: Bailout | Henry Paulson | Federal Reserve | FDIC | Christopher Cox | TARP |
There are only two ways the government can fund these trillions of dollars they add in debt on what seems like a weekly basis. Print money, or lower interest rates. Oh wait, rates are at ZERO, they can't do that anymore. So um, I get they can only PRINT MONEY. The government must now run the printin...
WASHINGTON -- Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.
Fri, Jan 29 | from U.S. News & World Report