Archive for the 'Senate Bailout Bill' Category

A True Dragnet (Just The Facts): The Current Financial Crisis — $7.4 Trillion

By: Myles, November 23rd, 2008

Less than two weeks ago we posted a mind-boggling article to this Blog that outlined some $4.28 Trillion Dollars that the government was estimated to fork over, to overt a complete financial meltdown.
Incredibly today, Bloomberg News has updated and calculated that new rescue number to be a wopping  $7.4 Trillion Dollars!!!
So here is the multi-trillion dollar question: What will our […]

Tags: ,

Posted in Federal Reserve, Senate Bailout Bill, TARP, Foreclosures, Fannie Mae and Freddie Mac, Historical Perspective, Fannie Mae, Economic Stimulus, Market Trending | No Comments »

2008 Financial Bailout: The Final Act

By: Myles, October 3rd, 2008

Act III: The Final 2008 Financial Bailout Act (It is law!) >> In a 263-171 vote, the U.S. House of Representative today, October 3, 2008, approved a massive spending plan — voted down in an earlier form Monday (9.29.08) – that will supply hundreds of billions of dollars in a federal effort to ease the credit squeeze […]

No Tags

Posted in Senate Bailout Bill, Market Trending, Real Estate Laws and Taxes | 1 Comment »