Once responsible companies are now basing decision critical decisions on government handouts. This is this is an expected, but unplanned for, result of the Paulson’s Panic in September. Says the Wall Street Journal: The rescue efforts are “evolving in ways that I don’t think anyone anticipated,” said Camden Fine, president and CEO of the Independent Community Bankers of America, a trade group. “Things are just hitting them from every single direction, every day, and I don’t think they know whether to spit or go blind.”
Bailoutmania Could Bankrupt US Government
Bailoutmania Could Bankrupt US Government
Bailoutmania Could Bankrupt US Government
Once responsible companies are now basing decision critical decisions on government handouts. This is this is an expected, but unplanned for, result of the Paulson’s Panic in September. Says the Wall Street Journal: The rescue efforts are “evolving in ways that I don’t think anyone anticipated,” said Camden Fine, president and CEO of the Independent Community Bankers of America, a trade group. “Things are just hitting them from every single direction, every day, and I don’t think they know whether to spit or go blind.”