Sen. Hillary Clinton, D-N.Y., explains to Harry Smith why Congress needs to rein in the Bush administration on the economic bailout so taxpayers themselves will see the benefit.... ( read more )
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Hillary Uneasy Over Bank Bailout: What does it mean for the economy? Hillary Clinton, former Secretary of State and one of the major candidates for the US presidency, has expressed disquiet over the bank bailout. In an interview with CNN, she said that while the intention behind it might have been well-meaning, there was too much interference in the market that had caused economic instability, particularly in the banking sector. The bank bailout, which was introduced after the 2008 financial crisis, was intended to rescue banks from going bankrupt, which would have caused economic collapse. The bailo...
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