bailout: Lower Interest Rates! What took so d*&# long?? - 11/26/08 07:32 PM
Remember when this whole bailout business started months ago, as a result of the subprime mortgage crisis?  There was rampant panic, people liquidating their assets, buying up gold bars, etc, and then the fed announced they would buy $700B in toxic mortgage paper to free up capital.  How'd that work out for ya?  Not so good!
Now, I'm no economist, not by a long shot, but I remember thinking to myself at the time that all they needed to do was lower interest rates to the consumer to re-ignite the very market that was the cause of the economic meltdown we … (0 comments)


Troy Williams

Owings Mills, MD

More about me…

Real Estate Professionals

Address: P.O. Box 1200, Owings Mills, MD, 21117

Office: (410) 902-4452

Mobile: (410) 916-0704

Email Me



RSS 2.0 Feed for this blog