Small Business BlogABC Small Business Blog - News, reviews, and opinions from ABC's editors

Articles related to: bernanke


Charles M Cooper
Charles M Cooper

$350 Billion in the Hole and Record Unemployment: Time for Something Different

When we were being sold on bailing out the financial sector, we were told that it was necessary to save jobs, homes, investments, businesses. Well, the first half of the initial $700 billion has been spent, stocks have been trending down and the unemployment rate is higher now than it has been in decades. Now a congressman from Texas has a radical idea: Take the other $350 billion and use it to finance a two-month tax holiday for all Americans. Now that’s what I call progressive!

Read Full Story »

Charles M Cooper
Charles M Cooper

The Bailout Passes! Now What?

OK folks, we asked for it. The Monster Wall Street Bailout has passed! The Dow rallied, then it fell, now what? More to the point, what has this mess taught us?

Read Full Story »

Charles M Cooper
Charles M Cooper

The 2008 $700 Billion Bailout: It Seems We Have Been Here Before

Take a look at the 1929 stock market crash and the Savings and Loan crisis in the 1980s and you will find some really eerie similarities to what we are facing today.

Read Full Story »