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IPFS News Link • Economy - Economics USA

Stocks Drop, Treasuries Gain as U.S. Warns on Banks, Carmakers

• Bloomberg
Stocks slumped, while Treasuries and the dollar gained, as the Obama administration warned that some banks will need more government aid and bankruptcy may be the best option for General Motors Corp. and Chrysler LLC.

1 Comments in Response to

Comment by William Klepzig
Entered on:

I suggest that the way Americans can recieve the interest payments that the billions/trillions needed for this bail out is to require every one who receives any kind of paycheck to have to buy Government savings bonds with 3% of each check. The bonds would double every ten years. Instead of borrowing trillions from China, each month Americans would, yes forcefully hace to, it would come off your taxes until cashed out, buy !invest in America. That would be three hundred million + a month. If you have a better idea fire it up other wise send this along the net.



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