Tuesday, November 18, 2008

Foreclosures: Show Us The Money??


The Feds shifted gears again on the $700 billion dollar bailout. They are holding $350 billion for the next administration to work out. In the mean time the auto industry and the house are fighting over the 6 billion dollars that are left after this week approval of the bailout of 21 banks and AIG. The house called on US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to " do anything they can" to stop home foreclosures following Monday's meeting on how to use the money. See http://www.foxnews.com/story/0,2933,453684,00.html.


Share your opinions on how you think the 6 billion left from this administration's share and the remaining $350 billion for the next term should be used.


Photo courtesy of www. Flckr.com author Simon Davison

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