Miscellaneous
Maybe it’s just me, but these bailouts seem to be happening more and more frequently these days. Six months ago it was Bear Stearns. Just two weeks ago we bailed out Fannie Mae and Freddie Mac. Now, as you’ve undoubtedly heard, the U.S. government has taken it upon itself to bail out American International Group, […]
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Miscellaneous
Free Enterprise: an economic system in which private business operates in competition and largely free of state control. What happened to the days when Free Enterprise reigned supreme and it was bad news when a government stepped in to take control? Our nation is quickly becoming a “bailout nation.” While many will argue that it […]
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