Those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one.

- Thomas Jefferson

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]

Previous | Next


No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it


Please visit our sponsors:

Please visit our sponsors:

The Gross National Debt