Archive for dollar

Our banking system came crashing down last September when securitized mortgage loans began to implode from “subprime” lending, triggering massive write-downs of assets and insolvency among some of America’s largest banks and investment houses.  At that point, I experienced a personal dilemma as my president began bailing out industries, my liberal friends began circling the socialist wagons, and my fellow Republicans were offering no clear, principled, and coherent criteria by... Read More→