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The Banking Crisis: Simple Questions, Simple Answers

Written by Subject: Economy - Economics USA
Freedom's Pheonix publisher, Ernest Hancock, observed that information and opinions on the banking crisis and bailout plans was moving so fast and furious, that the simple concepts were being lost in the hyperbole.  To cut through the chaff, we'll establish this article as a repository of where we've been, where we are, and where we're heading as nations take over their financial sectors.
This article will evolve over time, so bookmark it.  If you have any information you think should be included, please email or include it in the comments.
What is the "Credit Freeze"?  and how do 7, 28, and 84-day unlimited dollar loans to European banks (from this Bloomberg article) figure into the bailout plan?
The Mystery of Banking - Murray Rothbard - A great, can't-put-it-down read on banking?  Only from Rothbard.

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