Aaron Graves @ September 29, 2008 # One Comment
The House of Representatives today narrowly defeated the $700B bailout plan by a vote of 205-228-1 (Yea, Nay, No Vote). Bravo. (Read more at http://online.wsj.com/article/SB122270285663785991.html).
House Republicans blamed Nancy Pelosi’s partisan speech given before the vote for the failure for the measure to pass (read more at http://blogs.wsj.com/washwire/2008/09/29/house-republicans-blame-pelosis-speech/).
While I believe that something needs to be done, [...]
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Aaron Graves @ September 24, 2008 # No Comment Yet
Actually, it should be called the Fail-Out.
There was a rather good article on the Asia Times Online that sums it up much better than I can. So without further ado, here’s the link for the article: http://www.atimes.com/atimes/Global_Economy/JI23Dj06.html
Comments, as always, are welcome below.
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Aaron Graves @ September 20, 2008 # No Comment Yet
The Bush Administration has pushed forward a plan for a $700 Billion bailout plan that would allow the Federal Reserve to buy bad mortgage debt from US-based banks and Wall Street firms. And while many may think this is a good thing, I find myself on the fence - and here’s why: I’m afraid that [...]
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Aaron Graves @ September 17, 2008 # 4 Comments
The Federal Reserve has provided an $85 Billion, 2-year loan to American International Group to prevent its collapse. While this may sound good in principle, what does it say about our “free market” society? I’m interested to read your thoughts in this discussion.
Sound off below.
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Aaron Graves @ September 9, 2008 # One Comment
I know I’m a bit late to the ballgame on writing about this, but hear me out anyways.
Mortgage giants Fannie Mae and Freddie Mac, quite possibly bordering on insolvency, have been seized by the US government. And it’s prompted thoughts from some that America is now more “socialist” than China, which has a completely free [...]
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Aaron Graves @ September 1, 2008 # 4 Comments
So who do you think would make a better Presidential team, from the standpoint of the economy of course. We’re looking at McCain/Palin on the Republican ticket, and Obama/Biden on the Democratic side. Sound of on this discussion board about which duo will help the fledgling economy.
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Aaron Graves @ December 20, 2007 # No Comment Yet
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