The Boomtown Institute – Main or Wall?

For the past month the stock and credit markets have been roiled by the sub-prime debacle. Congress has been discussing a $700 billion (that’s $700,000,000,000) rescue plan for Wall Street. Countless times I’ve heard the Washington politicians and bureaucrats talk about this as a “plan to rescue Main Street!” Really….Main Street? Here’s my take on the current situation, the impact I see on the Main Streets I visit and my simple suggestion for rural American banks.

Jack Schultz

Full Discussion: http://www.boomtowninstitute.com/Newsletters/20080930.html