By David S. Bell

“No matter how it is framed, the historic economic bailout (Emergency Stabilization Act of 2008) is most likely not one of America’s finest moments.  By using extreme language coding, the response to the financial crisis has shifted from a bailout to a rescue bill to a taxpayer investment plan.   Initially, Congress was unable to pass the essential $700 billion bill.  In fact, Americans were told that every one of us would be impacted without the passage of the bill.  We consistently heard sound-bites suggesting economic demise would result if the plan had not passed. Yet, if this plan is partially an investment plan for taxpayers . . .” Read More...