Here is the fact sheet and the new website for the Administration’s Financial Stability Plan.
Lord Acton once said, “The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
It appears that the end game is upon us.
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Catherine – I hope you will soon follow up with a comment on what might be the long-term effects of this newly disclosed “fix-up without repairing” financial rescue (for whom?) plan.
As a new-comer to this site, I am looking forward to it!
“If thou lend money to any of my people that is poor by thee, thou shalt not be to him an usurer, neither shalt thou lay upon him usury.” Exodus 22:25
“Take no usury of him, or increase…thou shalt not give him thy money upon usury.” Leviticus 25:36-37
“Unto thy brother thou shalt not lend upon usury: That the Lord they God bless thee.” Deuteronomy 23:20
“The rich rule over the poor, and the borrower is servant to the lender.” Proverbs 22.7
“The stranger that is within thee shall get up above thee very high, and thou shalt come down very low. He shall lend to thee, and thou shalt not lend to him; he shall be the head, and thou shalt be the tail.” Deut. 28:44-45
The Bible
“We hang the petty thieves and appoint the great ones to public office.”
Aesop (620–560 B.C.)
The price of apathy towards public affairs is to be ruled by evil men.”
Plato (427-347 B.C.)