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Financial Bailout: Is there a plan B?

Posted by Guru on October 13th, 2008

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We recently discussed this ‘roller coaster ride’ in the stock market here. Now how do you like the 936 points to the upside on the Dow Jones Industrial Average? At least it was on the positive side of things. So should be better to handle. As the U S federal government moves to buy a stake in the banks and makes other moves, the confidence in the market appears to have been restored. Though this is at a huge cost to the taxpayers, most people were itching to see a halt to the market’s downward death spiral.

We are hearing a lot of what’s happening in the media. Yet, not much is being discussed about any alternatives, root cause of the problem or can we solve this problem in other, hopefully more permanent ways. Well, our freindly trustee, Daniel Davis of Beyond50Radio is ready to share with us the other side of the ‘coin’ on this subject.  In his recent interview with Harley Schlanger of the Lyndon LaRouche Political Action Committee (PAC), Harley and Daniel discuss the genesis of this issue, the more recent developments, alternative ways to solve this malaise. This is an in-depth, no-holds barred, alternative view discussion. In this interview Harley Schlanger reveals some surprising information about the bailout bill and a possibility of our president imposing martial law if the bailout bill was not passed in time.  

Click here to access this lively Interview with Harley Schlanger of Lyndon LaRouche Political Action Committee (PAC).

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