I am a Republican, a black, dyed in the wool Republican, and I never intend to belong to any other party than the party of freedom and progress.

- Frederick Douglas

Business of Government

How enmeshed have government and big business become? This says it all:

Bank of America Corp., the other leading bidder on Friday, had indicated by Sunday morning that it wasn't interested in a transaction without government support.

Finally, some of this bad banking can unwind naturally, as Lehman Brothers is expected to file for bankruptcy today.

posted at 16:19:45 on 09/14/08 by clearpolitics - Category: Economics - [Permalink]

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The Gross National Debt