They're designating $50 billion of that to go into helping on housing and trying to stop this flood of foreclosures.
What it will help to do in all likelihood is make the downturn not as steep.
The administration believes that they have to tackle the housing as part of this.
Well, it's certainly going to help in the short-term. If you're working for the State of California right now and you go...
I think the other part of this, though, that we have to recognize, as Andy said and as David Walker said, the hole we're...
We are in uncharted water. Nationalization has occurred here and it has occurred elsewhere, but in an economy this size,...
The administration believes that they have to tackle the housing as part of this. What they think of, there are three pi...
This stimulus package is only about a third of that at best. David Walker would argue it's only a tenth of that or a fif...
Wouldn't you say, we're going to have to readjust our sights.
let's in effect catapult ourselves out of the crisis to a higher plane of living.
If that does not work, nationalization may be the last resort, but it's a very, very, very last resort. It's a thing tha...
This bill will help relieve some of the suffering. For example, if you're unemployed and you've got to go pay for health...
The more you talk about nationalization, the more it looms as a possibility, the more private money will flee, because n...
Having now warned us of the catastrophe -- and everybody knows that that is out there as a possibility -- having passed ...
Not in my judgment. It seems to me that, if you put aside the question of whether this gave needless offense to many by ...
But Ron -- but Ron, I hope -- do you agree that a lot of people would look at that and say chimpanzee, baboon, Obama, th...
