Death By Rescue
Tags: EDITORIALS; FINANCIAL crises; BAILOUTS (Finance); INTERVENTION (Federal government); UNITED States -- Economic conditions -- 2001-2009
Related Articles
- There's More to Fear Than Fear. Zakaria, Fareed // Newsweek;2/2/2009, Vol. 153 Issue 5, p26
The author discusses the challenges for U.S. President Barack Obama during the U.S. financial crisis. Consumers' lack of access to credit is discussed. The author explains that banks are still not lending despite the fiscal stimulus and bank bailouts. The speed of the American political system...
- There's More to Fear Than Fear. Zakaria, Fareed // Newsweek (Atlantic Edition);2/2/2009, Vol. 153 Issue 5, p22
The author discusses the challenges for U.S. President Barack Obama during the U.S. financial crisis. Consumers' lack of access to credit is discussed. The author explains that banks are still not lending despite the fiscal stimulus and bank bailouts. The speed of the American political system...
- There's More to Fear Than Fear. Zakaria, Fareed // Newsweek (Pacific Edition);2/2/2009, Vol. 153 Issue 5, p20
The author discusses the challenges for U.S. President Barack Obama during the U.S. financial crisis. Consumers' lack of access to credit is discussed. The author explains that banks are still not lending despite the fiscal stimulus and bank bailouts. The speed of the American political system...
- A Myth Debunked. // Commonweal;10/24/2008, Vol. 135 Issue 18, p7
The authors reflect on the complexity of the financial crisis and its impact on the U.S. economy. They comment on the belief that only government can restore confidence in the markets by infusing the system with massive amounts of money. They assess the effectiveness of the $700 billion bailout...
- Worse than a Bailout--a Blunder. REYNOLDS, ALAN // National Review;10/20/2008, Vol. 60 Issue 19, p20
The author provides an opinion on the 2008 financial crisis and the $700 billion economic bailout plan put together by the U.S. government. Previous bailouts of individual companies in 2008 such as Bear Stearns and American International Group (AIG) actually caused investors to panic more, which...
- A Tool, Not a Fetish. STUTTAFORD, ANDREW // National Review;10/20/2008, Vol. 60 Issue 19, p22
The author provides an opinion on the state of the U.S. economy in 2008. Free market economies are very volatile and come with enormous risks, and just as removing all regulations from the economy would leave it in chaos, over regulation will also destroy it. The financial bailout plan that was...
- Irrational Pessimism. Wesbury, Brian // American Spectator;Dec2008/Jan2009, Vol. 41 Issue 10, p64
An editorial is presented on the U.S. economic recession and financial crisis. The author contends that rising oil prices and declining housing prices did not cause the recession. The author argues that consumer fear over credit markets and bank accounts is the true cause. The article suggests...
- The Great Confidence Game. Samuelson, Robert J. // Newsweek;9/29/2008, Vol. 152 Issue 13, p31
The author reflects upon the 2008 U.S. financial crisis, comparing it to war where unforeseen events require improvised responses. He suggests that investor confidence is the important issue because financial institutions depend on that trust to be successful. Topics include an analysis of the...
- What Japan Got Right. Lincoln, Edward J. // Newsweek (Atlantic Edition);2/16/2009, Vol. 153 Issue 7, p27
This article examines the Japanese banking crisis, the subsequent Japanese government's intervention, and the economic effects of this intervention. The author connects the situation in Japan to the economic crisis in the United States, and argues that the intervention of the federal government...
