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Treasury’s Blank Check to Freddie and Fannie Worries Republicans
Issuing an executive order on Christmas eve stating that the Treasury would cover Fannie and Freddie’ losses until 2012, removing the prior cap that was in place limiting spending to $200 billion each. The Republicans are claiming that the timing of this executive order was a planned attempt to keep it off the front page.
Participative Capitalism – The New Economics For the 21st CenturyThere is a solution to the current economic crises. I have termed this solution Participative Capitalism. Capitalism is not dead or even dying. it is only in its infancy. The world is evolving to a new way of being and Capitalism and not socialism is leading the race. But this is a new form of Capitalism based on win-win that empowers all stakeholders through such processes as Lean Distribution that turns end-users into both distributors and shareholders.