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financial crisis: Federal Bailout Delayed? - parties fight to add extra provisions - 09/22/08 06:59 AM
The $700 billion bailout debate began in earnest yesterday. There is much to consider - the amount of the bailout, the wisdom of risking tax payer money to bail out the market, the inclusion of foreign financial institutions, the details of what loans can be purchased, what form the purchasing agency will take, how long the agency will last, the need for and the type of tax payer safeguards.
What is being debated though is additional provisions.
This bill needs to be focused, quick, simple.
Presidential candidate Obama says, "Swift and unprecedented action to shore up Wall Street must come alongside … (10 comments)

 
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Richard Smith FHA VA Rural Development in TN GA

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