by Asher B. Edelman What we are offered as a regulatory scenario is, once again, cronyism! We are presented with a plan that will be unmanageable and permit the same abuses as those that brought on the crisis guided and managed by the same folks who were in control before the crisis and remain in [...]
by Asher B. Edelman The total assistance given, loaned or guaranteed to the finance community by the administration and blessed by Obama advisors has reached approximately 8 ½ TRILLION dollars! No monies have gone to aid homeowners, credit card debtors, the middle class or, in fact, any class other than the banking and financial community, those [...]
by Asher B. Edelman In April of 2008, I wrote, originally as a proposal for the Obama campaign, the following short outline of a recovery plan. Some of it seems to be coming to pass. However, I have not yet seen mentioned that the recklessly issued debt will be purchased at fair market value rather [...]
