PDA

View Full Version : Economics The new Bush/Paulson plan...


oldandslow
09-19-2008, 10:25 AM
Hoover's most ambitious economic measure was Reconstruction Finance Corporation, which authorized emergency financing to banks, life insurance companies, railroads and other large businesses.

Bush and Paulson basically just outlined the same damn plan. (www.cnn.com)

Hoover gave his to congress and they passed it in 31. By March 33 every bank in America was shut down.

Trickle down didn't work then...I pray that it works now.

I didn't know FDR, but my guess is that Obama or McCain ain't it.

Nightfyre
09-19-2008, 10:28 AM
I didn't know FDR, but my guess is that Obama or McCain ain't it.

That's something we all can hope for.