A Main Street Rescue
From Discourse DB
This is an opinion item.
| Author(s) | The Wall Street Journal editorial board |
|---|---|
| Source | The Wall Street Journal |
| Date | September 29, 2008 |
| URL | http://online.wsj.com/article/SB122264821035984089.html |
| Quote | "Today's vote is essentially a pledge of public capital to defend and rebuild the financial system. Some of that capital has already been committed via the Federal Reserve, albeit with politicians preferring not to notice. With this vote, Congress is at last taking some ownership for the mess its policies helped to create by fueling the credit housing mania earlier this decade."
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This item argues for the position United States should bail out the banking industry on the topic Economic crisis of 2008.
