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September 25, 2008

Ten Reasons To Oppose a Wall Street Bailout

Filed under: Economy,Finances,Life,News,Politics — Tags: , , — Marty Duren @ 2:06 pm

This list is part of an article written by J. Boyd Page, and Atlanta attorney specializing in investment and securities litigation. It appeared in today’s Atlanta Journal-Constitution.

1. The $700 bill Wall Street bailout is merely a “drop in the bucket.” It will not correct Wall Street’s problems.
2. The bailout plan smacks of cronyism.
3. Treasury Secretary Paulson and Federal Reserve Chairman Bernanke do not understand the problems confronting the American economy and are not qualified “to be king.”

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