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Entries from November 2008

The Bailouts of 2008 – Stop Already!!

November 23rd, 2008 · No Comments

There’s more that needs to be addressed since writing the previous post, The Bailouts of 2008 – What’s the Cost? Take a few moments to read it if you haven’t. It will shed more light on to what you’re about to read here. OK, good, thanks for reading.

The long and short of it is that [...]

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Tags: bailout · politics

The Bailouts of 2008 – What’s the Cost?

November 20th, 2008 · No Comments

In a previous post, The Bail-Out – Who’s Being Bailed Out & Who’s Bailing Out!?!, the $700B government bailout of financial institutions was discussed. Unfortunately as expected, this has proven to be a fiasco.
The Emergency Economic Stabilization Act of 2008 was supposed to buy up distressed assets of financial institutions with the overall effect [...]

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Tags: foreclosure · mortgage · politics

Crossing a Bridge With Our New President!

November 5th, 2008 · No Comments

I’ve stayed away from the politics of this election, or at least I’ve done so in the public eye. Last evening I was planning on going to bed at my normal time. I figured that I read all about the election outcomes in the morning newspaper. That didn’t happen. I ended not going to [...]

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Tags: politics