This weekend the Bush administration proposed a 700 billion dollar bailout of bad mortgage debt to unfreeze the credit markets in the United States. Some members of Congress even argue that this bailout is not big enough. Through all of the arguing between how big or small the bailout should be the talk has been [...]
Archive for September, 2008
Wall Street’s 700 Billion Dollar Bailout
Posted in Economics, Everything, tagged 700, Bad, Bailout, Bank, Billion, Budget, Bush, credit, debt, deficit, Depression, Economy, Energy, Faulty, Federal Reserve, Financial, Firms, Fiscal, Fixing, Food, gas, George, Gold, Henry Paulson, inflation, Junk, Lehman Brothers, main, monetary, Money Supply, Mortgage, Oil, policy, Price, Recession, Standard, states, street, united, wall on September 22, 2008 | 1 Comment »
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