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Tag: Bailout


Should Government Bail Out Big Banks?

October 6, 2019 at 2:29 pm | Articles, Blog | Ruben Talley -

In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as “the bailout” was brought about by three decades of bank de-regulation. There were a lot of causes for the meltdown, but deregulation wasn’t one of them.

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“Should Government Bail Out Big Banks?”

Why Private Investment Works & Govt. Investment Doesn’t

August 14, 2019 at 1:29 pm | Articles, Blog | Ruben Talley -

In 2011, a solar power company called Solyndra declared bankruptcy. A company going bankrupt is not news. But Solyndra was not just any company. Its biggest “investor” was the federal government which had given it $500 million dollars. That was news. But, really, it shouldn’t have been. If history is any guide, it was quite

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“Why Private Investment Works & Govt. Investment Doesn’t”

David Stockman on Crony Capitalism – Bill Moyers & Company

May 13, 2019 at 6:02 am | Articles | Ruben Talley -

back in the first Gilded Age following this civil war with its huge concentration of wealth at the top and abject misery at the bottom boys Penrose was the United States senator from Pennsylvania bought and paid for by the railroad tycoons and oil barons they could count on him to deliver the goods I

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“David Stockman on Crony Capitalism – Bill Moyers & Company”