October 6th, 2008 by Bob Schwartz
As of 1:50 PM CST the Dow is down over 700, my 401K is down 26.7% for the year and now word is spreading that the affected banks might not even want government help because of the restrictions.
Fears are mounting that many Wall Street banks and financial firms will refuse to participate in the US [...]
October 6th, 2008 by Bob Schwartz
After approving $700 billion to bailout big banks for their poor business practices (did you see 60 Minutes last night?), has our government effectively taken away the excuse that we cannot afford something? We don’t seem too worried about going so far into debt that our children will still be paying it off so why [...]
October 3rd, 2008 by Bob Schwartz
What has the world come to when South Dakota’s 2 national Democrats vote like fiscal conservatives while our lone Republican votes for a pork laden Wall Street bailout bill? Stephanie Herseth Sandlin today joined fellow Democrat Tim Johnson, who vote nay a few days ago, when she was one of 171 that voted against the [...]