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Unformatted text preview: banking system failed and financed the national debt. According to Stockman, the banks getting loans at 0 percent is going to fuel the next bubble or financial crisis. Throughout the article Stockman against big banks. He is very upset that the federal government is giving loans to the banks at almost zero percent interest. http://www.nytimes.com/2010/01/20/opinion/20stockman.html...
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This note was uploaded on 07/21/2010 for the course ECO 001 taught by Professor Melkonian during the Spring '10 term at Hofstra University.
- Spring '10