By Greg Hunter’s USAWatchdog.com 
I have been hearing about how we as in “We the people…” have to fix the banks so they can lend money again.   Many options have been discussed and it looks like the President is strongly leaning toward a “Bad Bank” type of rescue where toxic securities will be dumped into a newly created institution.  It’s a magical place where bad debt bets will disappear like tears in the rain, of course, with taxpayer help.  This has never been done before on a scale this large, so …

By Greg Hunter’s USAWatchdog.com  
While I was watching the wall to wall Inauguration coverage of Barack Obama there was a “man in the street” segment on one of the networks where people were being asked “What should the new President do about the troubled economy?”   One man said “He should give money to all the homeowners who are in trouble and give some money to other homeowners too.”  I think the idea of bailing out anyone and everyone is now in the vernacular of American society.  How do you suppose people …

By Greg Hunter’s USAWatchdog.com 
A friend of mine, who is a crack investigative producer, just got a gig with a major network.  His new job will be to cover the Madoff story.  There is no doubt this is a big story and in the press been called the “crime of the century.”  Madoff is a self proclaimed fraudster who puts a face on the Wall Street “banksters” as in gangsters with brief cases instead of Tommy Guns.      But for most Americans this story will be nothing more than tragic theater.  This …