by eran
06.09.2009
Business
Greed motivates people in amazing ways. Today the United States Treasury Department approved 10 banks to repay over $68 billion in bailout money. Its amazing how 10 of the nation’s largest banks who just months ago were begging for billions of dollars of money in bailouts have suddenly found a method to pay off their Troubled Asset Relief Program (TARP) accounts.
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by eran
03.29.2009
My Rants
I think it is bad for America and bad for business when the government gets involved by forcing its will. The bounds have been broken and where does it now end? In the last 6 months I have seen some seriously disturbing moves by our government. Bailing out worthless companies, removal of business leaders and extreme taxation used as a weapon. These new unprecedented moves gives Government more power than ever.
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