Bush authorized the Fed to auction off money to Banks today to help them with this peskey Subprime problem.
Not being a economic expert like Bush I fail to see how borrowing more cash from foreign governments. Then selling it at a loss to Banks is good for America.
2007-12-17 03:26:13 · 4 answers · asked by Guerilla Liberal fighter 3 in Politics & Government ➔ Politics
Bush seems to wake up every day asking himself what he can do to bankrupt the country. He's on tv right now begging for more tax breaks for millionaires. Impeach Now!
Bush just said he's doing what's responsible with the people's money. How can he lie like that?
2007-12-17 03:31:04 · answer #1 · answered by Zardoz 7 · 2⤊ 1⤋
Bush is destroying the U,S dollar ,euro at 1.44 and rising,,,on the plus side stocks are tanking millionaires are in the pleasure dome of profit for a few....more deals...WHAT A ,,,,,,F.P
2007-12-17 03:34:16 · answer #2 · answered by Anonymous · 1⤊ 1⤋
It's a bond auction, and you're right, you know nothing about economics. Get an education and then you'll have some basis for criticism.
2007-12-17 03:31:18 · answer #3 · answered by curtisports2 7 · 1⤊ 2⤋
Neocon economics at its finest.
2007-12-17 03:41:58 · answer #4 · answered by Anonymous · 0⤊ 0⤋