Re: Unsettled Economy
It's now official, the government IS bailing out AIG to the tune of $85B. This just opens the door to other private institutions going to the government with their hand out.
After years and years of fighting for deregulation, McCain is now saying this morning that he favors some sort of regulation for financial institutions.
McCain is also backtracking on his "economy is fundamentally strong" statement. That didn't play well. He is now saying the economy is in crisis.
Originally posted by Peshkwe
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After years and years of fighting for deregulation, McCain is now saying this morning that he favors some sort of regulation for financial institutions.
McCain is also backtracking on his "economy is fundamentally strong" statement. That didn't play well. He is now saying the economy is in crisis.
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