“The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit up to $1.5 trillion in public and private funds, and possibly more, lawmakers and other officials said.” (Washington Post, Tuesday)
Deeper into the swamp.
FEE Timely Classic
“Commercial Banking in a Free Society” by Steven Horwitz
Tuesday, February 10, 2009
Hefty Financial Bailout Plan to Be Rolled Out Today