This afternoon the House of Representatives has finally passed it’s version of the finance bill which has been commonly referred to as a “bail out” bill committing the American taxpayers to $700 billion in financial guarantees for commercial and investment banking firms trading on Wall Street. My personal view of the bill is that it [...]
Filed under: News | Tagged: $700 billion, bailout, Chris Cox, Citigroup, House of Representatives, Inspector General's report, investment, mark to market, moot point, Ron Paul, SEC, SEC chairman, The Telegraph, Wall Street, Wall Street Journal, Wells Fargo | 1 Comment »
Linda Ketner, A Different Kind of Democrat? Part I
Being a resident of South Carolina’s First Congressional District, I am curious whether Linda Ketner is actually a different kind of Democrat. Is she actually going to bring change or is she just going to be another rubber stamp for Nancy Pelosi and Barney Frank? So, I decided to start out by reading her biography [...]
Filed under: Linda Ketner, News, Political Commentary, Politics, South Carolina Politics | Tagged: Alan Greenspan, Barney Frank, charleston Affordable Housing and South Carolina Equali, Chris Cox, Chris Dodd, Chuck Schumer, Fannie Mae, financial crisis, Freddie Mac, John Snow, Linda Ketner, mark to market, Mayor's Council On Homelessness and Affordable Housing, Nancy Pelosi, President Bush, S.C. Housing Trust Fund, SEC, SEC chairman, South Carolina Citizens for Housing, South Carolina First Congressional District, Treasury Secretary, Wall Street | 3 Comments »