The Associated Press: Billions more needed for financial rescue

Looking ahead, I am not convinced this additional bail out is what the country needs. Now part of Obama's stimulus package plan if adopted may include covering the bank's bad debt at tax payer's expense. All this while we read reports of the Merrill Lynch CEO (just recently fired), now a Bank of American subsidiary, giving his office a face lift last year at the tone of $1 million plus, and now another bank was reported as planning on taking delivery of their new corporate jet valued at $53 million. Shouldn't they be accountable? I think we have a problem.

The Associated Press: Billions more needed for financial rescue

1 comment:

  1. Right on, Bob! I worry about our country right now. This is not the way toward a stable economy.

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I would be pleased to learn what you have to say...thanks