http://standpointmag.co.uk/taxonomy/term/17 The taxonomy view with a depth of 0. en http://standpointmag.co.uk/marketplace-march-10-tim-congdon-recession-banking-bail-out <p><b>Author:</b>Tim Congdon</p><p style="text-align: justify"> </p><p style="text-align: justify">In his latest State of the Union address, President Barack Obama said that, although the bail-out of the banking system was &quot;about as popular as a root canal&quot;, the government had implemented a &quot;financial rescue programme&quot;. What did he mean by the expressions &quot;bail-out&quot; and &quot;rescue&quot;?  </p><p><a href="http://standpointmag.co.uk/marketplace-march-10-tim-congdon-recession-banking-bail-out"><span>read more</span></a></p> http://standpointmag.co.uk/marketplace-march-10-tim-congdon-recession-banking-bail-out#comments Marketplace Banking bail-out Credit crunch Economy Recession Thu, 18 Feb 2010 17:30:15 +0000 Frances Weaver 2732 at http://standpointmag.co.uk