didthebailoutwork.com - 12/18/2008
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Finance company debt purchases Buys debt issued or backed by government-chartered housing-finance companies including Fannie Mae and Freddie Mac in an effort to reduce their debt costs and thereby lower mortgage rates
online.wsj.com - 12/22/2008
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online.wsj.com —
With a record amount of commercial real-estate debt
coming due, some of the country's biggest property developers...
have become the latest to go hat-in-hand to the government for assistance. They're warning policymakers that thousands of office ...
(more)
Developers Ask U.S. for Bailout as Massive Debt Looms
politico.com - 12/19/2008
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politico.com —
Mike Allen has the details: President Bush is
announcing a $17.4 billion bailout for auto manufacturers, with...
the loans contingent on the firms proving that they can become "viable" ongoing firms. Of the total, $13.4 billion will be ...
(more)
Bailout!
delong.typepad.com - 12/22/2008
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delong.typepad.com —
We are drifting toward nationalizing housing finance. And
as long as the government can borrow at the...
Treasury rate it can buy up and refinance the country's stock of mortgages without paying a dime in the long run. The largest risk-arb operation in ...
(more)
The Government Will Probably Make a Fortune with This ...
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Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars
CNSNews.com Headlines —
... costs calculated by the Congressional Research Service (CRS) and the value of the bailouts as calculated by Bloomberg News or Bianco Research. According to CRS, all major U.S. wars (including such events as the American Revolution, the War of 1812, the Civil War, the Spanish American War, World War I, World War II, Korea, Vietnam, Iraq and Afghanistan, but not the invasion of Panama or the Kosovo War), cost a total of $7.2 trillion in inflation-adjusted 2008 dollars. According to Bloomberg , the federal government has made commitments worth a total of $8.5 trillion in the ...
Value Of 2008 Bailouts Exceeds Combined Costs Of All Major U.S. Wars
Pat Dollard | Young Americans —
... According to Bloomberg, the federal government has made commitments worth a total of $8.5 trillion in the bailouts of 2008. That includes actual expenditures as well as loan and asset guarantees. ...
The Cost of our Wars and the Bailout; Angry Muslims
Stop The ACLU —
... the adjusted cost for Afghanistan to that point was $171 billion. The total cost of the American Revolution was a relatively inexpensive $1.8 billion. World War II was financed by savings, the American people’s savings, when Americans bought war bonds,” said Olivier Garret, CEO of Casey Research, who analyzed the value of the bailout compared to the major U.S. wars and other major historical government expenses. “Today, families are in debt and government is in debt. According to Bloomberg , the federal government has made commitments worth a total of $8.5 trillion in the ...
Related Content
More debt to cure the debt crisis?
swamppolitics.com 11/25/2008 — by Frank James
According to the experts, one reason for the world's present economic travails is too much debt. The world is "deleveraging" that is, shrinking its debt levels, which has led to a decline in consumer spending which has caused the ...
McCain against the bailout
politico.com 12/19/2008 — It would have been a different campaign had McCain sounded in September like he does today:
I regret the President’s decision to give away over $17 billion to the domestic automakers. Just last week, the Senate rejected a bailout plan ...
Bailout Goes Down
corner.nationalreview.com 12/12/2008 — It appears that the auto bailout just went down in flames on the Senate floor. GOP leader Mitch McConnell had this to say:
The sticking point that we are left with is the question of whether the UAW is willing to agree to a parity pay structure with other manufacturers in this country by a ...
How debt did in America’s newspapers
newsosaur.blogspot.com 12/24/2008 — The stock of Lee Enterprises was worth about $1.5 billion when the company borrowed almost an identical amount of money to buy the Pulitzer newspaper group in the summer of 2005. Today, Lee’s shares are worth only $13.5 million.
That’s right: $13.5 ...
Bailout, v. 2.0
norris.blogs.nytimes.com 2/10/2009 — A look at what Secretary Geithner is telling Congress and the public today.
Treasury rejects credit card debt, only Wall Street debt matters
americablog.com 11/14/2008 — As much as I am against credit card debt, I'm fed up with the double standards of Paulson and Bush . There are plenty of Americans who pushed debt onto credit cards because they were struggling to keep up and put food on the table or heat their homes. In the eyes of the Republicans, tough luck. ...
Step Right Up! It’s Your Bailout Too!
qando.net 12/4/2008 — I hear repeatedly from our fellow citizens "where is my bailout?" For those who have been wondering the fine journalists at Vanity Fair have found the paperwork so you can begin applying now for, as the application says, "free government cash." (Click ...
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