…flat-footed? In this case, the President’s strategists likely feared tough questions from governors facing massive budget shortfalls and, given the federal deficits, little prospect of a federal bailout (Federal bailouts…

…won’t make another bailout necessary. The reason is that, in normal times, Fannie Mae gets a normal return on its assets. Such a return is much higher than the rate…

…or that bailout, this or that stimulus package. The entire hospital staff now surrounds this very important personage. Various drugs are administered; powerful defibrillators are rolled in. Cash infusions are…

…questioned). This has been viewed as a sign, albeit fragile, of recovery. Portugal has also sold bonds and hopes to exit its bailout program this spring. But what does recovery…

…you need program-based reporting. This is because many subsidy programs provide benefits automatically to all investors meeting certain criteria and they rarely list all the automatic recipients. In that case,…

…also as a bailout and makes the government a private industry bill collector for loans which more than likely should not have been made. The impact of this plan would…

Greece Interior Ministry Results all regions voting ‘OXI’ = ‘No’ Huffington Post: Live Updates: Greece Votes In Referendum On Bailout Proposal More links as afternoon progresses. This article by Steve…

…Droves, Afraid of Losing Savings to a Bailout”. A spending spree is just what a country with deflation and 25% unemployment needs. 3) The Greek parliament can declare the Drachma…

Paul Krugman analyzes the debacle in Greece. Although Greeks voted barely a week ago to reject the bailout terms offered by the EU, which called for uninterrupted austerity, Prime Minister…

…a common currency early in its history. The U.S. system includes fiscal transfers (“automatic stabilizers”) between the federal government and the states but no bailout of a state government in…