Submitted by Mark Esposito, Guest Blogger
Author’s note: Another in a series of obscure American history viginettes.
Bush’s multi-trillion dollar bailout was nothing new in American history; the money just flowed in a different direction. In America, where the banking monarchy has long memories and keeps ledger books going back centuries, it was just repayment of a debt incurred before the turn of the last century to a new generation of our financial princes.
Continue reading “J.P. Morgan And The Reverse Bailout That Saved The U.S.”














