Financial news page 3

Is the global market correction in terms of the crisis of US subprime loan, Asia's 3 trillion debt in housing?

Can US financial crisis be contained?

Did the stock market crash because of a typo?

Why couldn't walmart cash my financial aid refund check?

How can I earn money for an iPad?

I have an iPhone 4 and a laptop, should I get an iPad 2?

How long does it take for the MPN process to finish?

I need my Whittier ID for financial aid but don't know it. where to find?

opinions on the bradford and bingley collapse and energy wastage at the singapore grand prix?

All I hear all day is how Socialism is evil and Government handouts are the scourge of our nation, but since Republican-led industry deregulation Republicans time and again have shelled out hundreds of billions of dollars of taxpayers money to rescue private financial institutions, airlines, energy companies, and pension plans. Is it just hypocrisy for Republicans to be against government spending for health care and education while forking over billions to rescue Americas richest companies when they make bad investments? Whether or not it was the right choice is irrelevant, they had no choice. The point is, the Republican led administration talks capitalism and market forces, but walks a socialist financial agenda, which benefits only the rich

Charlie, the government had one of two choices. Bail them out or let the country devolve into a depression. I think they chose the right path. Con't you? Let me hear from you.

Because Bush is no Conservative.

Because conservatives want socialism for the rich and free enterprise for the poor. Privatizing the profit and socializing the risk is what their approach to economics is all about

The Repubs are only against helping the poor. They are not against bailing out rich corporations....

They have socialized it because the wealthy financiers who failed to manage their companies properly are also big contributors to Republican causes, and they want to make sure they keep getting their support.

I can't agree more. The reoublican plan seems to be to let the rich get filthy richer while everything goes to shambles, then act in crisis mode using government to fix problems which wouldn't be there if they were doing their jobs.

Its the new motto of the Republican Party to privatize profit and socialize losses. Under the Bush Presidency; more corporations have left their financial loss to the taxpayers: Fannie Mae, Freddie Mac, etc.. Yet the CEO are allowed to ruin their companies and walk away with a huge Golden Parachute.

Head over to England and you will see what socialism does to the economy and your way of life. The reason why the government bails out the large companies and firms is because they don't just support the economy in the U.S., but tons of them do business overseas and around the world. Take AIG for example, could you imagine what would happen if it went under...not a pretty picture. The reason why socialism is so bad is because it actually takes away your rights as a citizen. Free market economies are the ones that thrive the most. There is competition to be the best product out there which generates millions of dollars. If everything is ran by the government there is no competition and the quality of the products deteriorate. Socialism is mostly last resort when it comes to the economy. It might seem like the republicans are hypocrites, but they're just trying to keep the economy afloat, and they key to keeping it afloat is to prevent big business from going under. Plus, in case you weren't aware, the main idea of the Republican party is small government and Big Business!! I hope that helps with your question. Trying reading up on the economy it might help.

The problem with the structure of your question is that the vast majority of Conservative/Republican slaves on Y!A have already been conditioned to drop to their knees and open their mouths wide for the massive "Welfare for the Wealthy" that their Republican Slave-masters have made a cornerstone of their political program. Hypocrisy does not register for those people who believe that Obedience to patriarchical authoriy is the highest good. These slaves have been conditioned to respond to certain keywords (e.g. "U-S-A," "American Values," etc). Attempting to engage these people in a meaningful dialogue is mostly futile...which is why their slave-masters keep their communication with their thralls simple (i.e. talking points). Truly, Republicans are better off in yokes and shackles than they are walking about, breathing the air of free men, polluting the discourse of thoughtful, mindful people. If they could all be relegated to cages and kept as zoological curiosities, the world would certainly be a more pleasant place.

Well, the Republicans want to shell money out to industries, and the Democrats want to shell money out to the workers of those industries. I do not think that either way is the answer to the economy. We should be wanting to increase the flow of money, not give it away.

There is not enough space here to explain the GSE's - Fannie Mae and Freddie Mac. All you need to do is understand that on top of Chris Dodd and Barack Obama being the largest recipients of the GSE's campaign contributions, these two GSE's have been run at the highest levels by Dems. Republicans have been calling for investigations and regulations of the GSE's for years. I also think that you are confusing Republicans with Conservatives. Conservatives have been yelling at the GOP to stop with the corporate welfare garbage that the Dems have been behind. You also don't realize that we are spending more on Medicare/Medicaid than ever before under the Bush administration. We are also spending more per child under this administration for education. Again, don't blame conservative ideology for GOP liberal spending... These companies should be allowed to fail.

When things go well they want the reward for the risk, but don't ask them to take a loss when things go bad.

if clinton and the democrats hadn't caused the problem, it wouldn't be a problem.