October 27, 2009The Wall Street Journal, originally one of the biggest supporters proponents of the Troubled Asset Relief Program (TARP), wrote an editorial today about how they were wrong in pushing for its passage, and that it needs to end immediately. Unfortunately, the Obama administration is in no rush to end the TARP Program. The Journal now [...]
Read the full article → September 29, 2008The proposed $700 Billion Bailout failed to pass today, 207 for, 226 against. In reaction, the DOW dropped 700+ points, before rallying again to around a 300-point drop for the day, and is now bouncing between a 300 and 600 point drop. As expected, the majority of conservatives opposed the bill (66 for, 132 against) but [...]
Read the full article →