iCitizenForum by Colonial Williamsburg

Enabler

Enabler is the terminology for anyone, wives, families, or friends, who empower addicts and abusive spouses to act irresponsibly. The United States government is the biggest enabler in the world. It bailed out: the Continental Bank in 1964, the Savings & Loan Industry in 1989, and the Long Term Capital Management Hedge Fund in 1998. Recently, the Federal Reserve, under political pressure, bailed out Bear Stearns. (See the op-ed in the April 11th Wall Street Journal, “Our Financial Bailout Culture,” by Ethan Penner.)