Federal officials today announced $800 billion in new actions to try to ease the financial crisis, including a $200-billion program to help loosen lending to consumers for auto purchases, student loans and credit cards -- the government's first major venture into a vast sector of the lending world.Well, so what? Do I want the ability to borrow more money? No thank you.
Where are they getting all the money to do this? Seems like a tax poised to roll for our grandchildren when the balance comes due. I thought the Republican party was the party of no new taxes and smaller government. What happened?