I am against the Banking/Mortgage bailout, so the first part of the evening to me was a waste of time.
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Getting to the good stuff:
The second part, regarding energy, and building better infrastructure is where I agree.  I would have thrown the whole $700 billion directly into projects that create better infrastructure, which means better roads, better [...]

In trying to rap our heads around the latest government program to try and rescue the banking sector, we have become puzzled at the constantly change approach the government has.
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It seems the government has always known that it will need to take direct ownership in the banking sector. However, because the word nationalization has [...]

Thanks to the AP news service, we now have a clearer picture of how the government would like to spend taxpayer dollars to stimulate the economy.
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It’s a large number covering man areas. Many economists however believe because of the delay of getting such a plan enacted, and the continued decline of the economy, the [...]

When the original TARP program passed in 2008, a lot of bloggers posted articles and comments that we needed to do something. That anything would be better then doing nothings. Once TARP was enacted, no major bank collapsed. A success if measured by the standard of not allowing another bank to fail.
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But has TARP [...]

When thinking of the Swiss Banking system, for most of us the only real recollection we have of the SNB is when a bad guy in a movie wants to move money around. He gets to use a numbered account in Switzerland. When I start hear that they are losing money. I wonder if the [...]

Old amusement parks had a ride (very dangerous) which was basically a room with a whole bunch of revolving platforms. The platforms would all turn in different directions. The object of the ride was to get from one side of the room to the other. Because the floor was revolving in all direction, as you [...]

England seems to be the country which is getting the blunt side of the economic crisis knife is have a difficult time finding its footing. Forced to once again cut the interest rate, the british government is looking for other ways to jump start the lending and get small and medium size business working again. [...]

As most of the readers of Whybanksfail already know, WBF is not a supporter of printing money. That said something needs to happen to get people working again. We’re not sure a $819 billion dollar stimulus is it. However we are going join the bandwagon for a minute and at least look at what the [...]

Turns out the bailout of the nations banks is not enough. We now are going to inject cash directly into the hands of, well everyone expect the people who need it.
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We at Whybanksfail have our own stimulus plan, called; Give the money back to the tax payers bill of 2009.
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In 2005 134,372,678 Individual Tax [...]

Our friends over at The Big Picture posted this article last week showing how much money is really involved in the bailout process.
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Their prediction: “All told, it’s a massive program that makes (their) earlier forecast of 2-3 Trillion obsolete. New forecast is now double: $4-6 trillion dollars”
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Read Article: New Bailout Price Tag: $2.25 Trillion [...]

In an effort to stimulate the economy the Chinese government is drafting new tax and spending policies that will allow greater control of the slowest growth China has seen since 2003. Third-quarter numbers came in a 9 percent, while healthy for any other country, dangerous for the Chinese who have much depending on strong continued [...]