The Money Pit
February, 2009
OUR GOVERNMENT IS BROKEN AND PROSPECTS FOR REFORM ARE GRIM. BUT DON'T ABANDON ALL HOPE-WE CAN FIX ITLast fall the House of Representatives set off a stock-market collapse by voting against the first version of the bailout legislation, which had been hurriedly written to t ry to stabilize American banks and other financial institutions. Bailout supporters scrambled to change the legislation in ways that would win support from a majority of representatives. In ;i matter of days new provisions were...
