Hundreds of billions of taxpayer dollars are being spent to stabilize Wall Street after one of the most chaotic stretches in recent history. And so far investors like what the Federal Reserve and Treasury Department are doing.
But what exactly is the plan and why do so many people think this is a good idea? Listen to Greg’s interview with economist Bill Beach of the Heritage Foundation.
Even if this is the right plan, should the Fed Chairman and the Treasury Secretary have the power to just announce half a trillion dollars in federal assistance? Minnesota Rep. Michele Bachmann talked with Greg about her efforts to give Congress a pivotal voice on the government’s response to this crisis.
