Tag: bailout
member name: Ariel Storm
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September 29, 2008 02:26 PM EDT --
The House just voted down the bailout bill by a vote of 228-205.
The Dow is down by about 500 points right now. It had been down by as much as 700.
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September 24, 2008 02:25 AM EDT --
The Bush administration is placing tremendous pressure on Congress to pass the bailout bill quickly. Bernanke, testifying yesterday, warned that if the bill wasn't passed there was a risk of . . .
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September 26, 2008 05:45 AM EDT --
Once again there is no agreement on the proposed bailout plan. The democrats appear solidly behind the Bush backed plan, while the House Republicans are solidly against it. Could it be politics . . .
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September 22, 2008 05:55 AM EDT --
The euphoria surrounding the announcement of the bailout plan last week is already starting to fade. A number of economists that provided intial support for the plan have begun to express skepticism . . .
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October 03, 2008 08:26 AM EDT --
Even if the bailout bill passes the House, the economic outlook is grim, and not just for the US. The bailout is not an instant fix, and whatever measure of success it has, if any, will not stave off . . .
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January 29, 2009 05:59 AM EST --
The government has put up a website, recovery.gov, that will show how the newest bailout dollars are being spent. Right now the site says:
Check back after the passage . . .
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December 06, 2008 09:04 AM EST --
During the third quarter of 2008 one in ten mortgages were behind by 30 days or more or in foreclosure, according to the Mortgage Bankers Association. Given the number of jobs lost in October and November, . . .
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October 05, 2008 06:20 AM EDT --
All the Senate additions to the bailout bill are not pork. Two of the most important in my opinion, are the ones giving mental illness parity with physical illenss and the increased powers given . . .
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October 01, 2008 02:00 AM EDT --
The Senate will be voting on the bailout bill the House rejected tonight,after sundown when Rosh Hashanah ends. Both McCain and Obama are expected to be present for this historic vote. Joe Biden . . .
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February 21, 2009 04:16 AM EST --
A small group of Republican governors is considering not accepting federal stimulus funds. This group includes, Mark Sanford, SC, Haley Barbour, MS, Bobby Jindal, LA, Rick Perry, TX, Sarah Palin, . . .
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November 18, 2008 06:20 AM EST --
GM, Chrysler and Ford are begging Congress for a $25 billion rescue package. The majority of this money would not go to fund ongoing operations, but instead to pay pension and health and welfare benefits. . . .
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November 14, 2008 08:44 AM EST --
Its been six weeks since the unprecedented bailout package was passed. In that time, the Treasury Department has spent or committed $290 billion of the $700 billion package. Money has gone . . .
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November 21, 2008 05:40 AM EST --
The online edition of The Wall Street Journal reported that Citigroup executives are in preliminary stages of discussing a possible sale of the company or auction off parts of comapny. Unamed sourced . . .
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