bailout

My opinion is no it won't. Bank losses are guaranteed no matter how little they sell your home for, to their friends, after they throw you out. It seems Republicans and Democrats love socialism for the banks and wealthy when covering their losses with your money. As they did with the bailouts...

U.S. to Offer Aid to Life Insurers

Even if I didn't lose any money in the current crisis, the interview between Bill Moyers and William K. Black made me quite angry about the scope of WTF was - and according to him - STILL IS going on behind the scenes: Excerpts: Full Interview...

Link Sadly, the article does not cite which companies owe back taxes- but the House Ways and Means subcommittee has said that one recipient owes $113 million in unpaid taxes from 2005 and 2006, and another owes $102 million from before 2004. :jaw-dropp Bernie Madoff may have a new cellmate soon.

I know nothing about economics. I am paying off my home and I have never missed a payment. Both my wife and I are presently steadily employed. We purchased our house 8 years ago. Had it built in a new development and got the mortgage through the corporate builder. The mortgage was sold later...

My ipod told me this morning that sales of priuses are down almost 50%, so it's not just the "Detroit three" or gas guzzlers that are affected. Toyota and Honda's overall sales are down about 30%. Toyota had to slash its profit forecast for the year. Link Honda too Supposedly the "plan"...

So the government stepped in and injected 20 billion bucks into Citibank, and agreed to buy up a bunch of bad loans. For all you taxpayers who contributed to this worthy cause, Citi thanks you. But, why did we do it? I assume there must be a reason, but the more I think about it, the less I...

I'm surprised there isn't more talk about this here. Congress is considering giving 25 billion bucks or so, as a loan, to Ford, GM, and Chrysler. Is the lack of talk due to not caring? Or shell shock from wave after wave of bad news? At any rate, I have very mixed feelings about this issue...

Could 9/11 by covered up via MILDEC or PSYOP techniques, plus media control? I don't have a lot of time these days, so I won't develop this idea very far. Sorry, but that's the way it goes. The intellectual godfather of this thread is Are the WTC collapse-initiation mechanisms being cloaked by...

I'm not smart about money and high finance. What is everyone so afraid will happen if the government doesn't bailout the wall street firms? Why is the bailout a better option than letting them figure out their own way out of the mess? Why is it a better option for our government than, say...

Has anyone yet estimated how much inflation will result from this 700 billion dollar bailout? I assume that taxes will not be raised to pay for it, so it will be paid for by inflation. An extra 1%, 5%, more?