Observations from the Cheap Seats

    The numbers are staggering. An estimated $7.4 trillion has been spent by Congress and the Fed to bail out the various financial entities, insurers and industries. The $700 billion bailout package, over which there was much publicized angst, is but a bucket of sand in the Sahara, when compared against the actual costs associated with this financial crisis. And, the most disturbing part is that | Read More »