I was listening to a report on NPR earlier this week and I found that it had a very important concept behind it. Currently, the United States Treasury Secretary and Federal Reserve chairman are trying to push through Congress a $700 billion bailout plan that makes absolutely no financial sense. [...]
The Asian markets just keep shifting around, antsy on what’s about to happen in the United States while we’re still contemplating “why” the $700 billion USD bailout plan is a good idea.
Obviously from a personal perspective, I find it an atrocity. The bailout is basically shifting the consequences onto the American [...]
As investors run like madmen from the Fannie Mae(FNM: 0.38 -19.15%) and Freddie Mac (FRE: 0.56 -9.68%) fiasco in the US mortgage arena, Asians are turning away from the banking sector due to the scare.
What’s interesting here is that there two corporations are not in the same boat as Bear Stearns (BSC: 5.76 [...]
Let’s be honest. There’s no reason for the recession to go away any time soon.
There are a lot of things that are contributing to this, but speaking that we’ll be out in a year or two as the fed has said, is severely optimistic. With the ARM fiasco that [...]
From a perspective of investment, even outside of the current fall of the home buying due to the loan crisis in the credit markets, buying a home is still more worth your money.
It’s really as simple as common sense. Look at it from this example. If you are currently [...]
I believe that the last few weeks have been pretty outrageous in the business world, especially with the talks about bailing out Bear Stearns (BSC: 5.76 0.00%). Big businesses shouldn’t get the safety net of federal intervention. You took a gamble, and you lost. That’s just tough in the world [...]