Tag Archive for 'government-bailouts'

Presidential Candidate Barr Speaks to Wall Street Crisis

Financial reality has hit Wall Street despite past federal bailouts, according to Bob Barr, the Libertarian Party candidate for president. HALLANDALE BEACH/THE VOICE magazine/Advancing Christian Life & Culture Barr says that massive subsidies for the housing industry and Bear Stearns, as well as a government takeover of Fannie Mae and Freddie Mac, could not insulate financial institutions from the tsunami of bad mortgage loans. "While the Bush administration has thus far… Keep reading






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