Author Archives: Mike Bock

Eliot Spitzer: $7.8 Trillion In Government Guarantees May Simply Perpetuate Flawed System

In a thoughtful article appearing in Slate, Eliot Spitzer says that the “$7.8 trillion in equity, loans, and guarantees so far — may merely perpetuate a fundamentally flawed status quo.”. Spitzer says, “So far, at least, we are simply rebuilding … Continue reading

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Michael Moore Says No Bailout To Detroit; Wants The Government To Buy and Run Detroit Auto Industry

Rather than providing a bailout, Michael Moore wants the government to buy up the Detroit auto makers outright, and hire effective managers to restructure the industry. Moore writes, “These idiots don’t deserve a dime. Fire all of them, and take … Continue reading

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George W. Bush Denies Any Responsibility; Charlie Gibson’s Craven Interview Gives President A Free Pass

Last night on ABC News, President George W. Bush denied any responsibility for the financial crisis the country is now going through.  He was interviewed by Charlie Gibson, and was given a free pass to say whatever he wanted without … Continue reading

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