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Another Monday Financial Meltdown, Where is this plan OOPS!

November 24, 2008 By woburndem

Ok here we are on another Monday Morning with Thousands of foreclosures going on daily coast to coast and we are bailing out another one of the big banks with cash and insurance way beyond the bailout provisions layed out in the … [Read more...]

Filed Under: User Tagged With: bailout, bush, capitalism, change, democracy, economy, hope, obama, paulson

Henry Paulson Jr it’s time to go you obviously haven’t a clue

November 12, 2008 By woburndem

April 2007 U.S. Treasury Secretary Henry Paulson said...the housing market correction appears to be at or near its bottom and that troubles in the subprime mortgage market will not likely spread throughout the economy. "We've clearly had a … [Read more...]

Filed Under: User Tagged With: bail-out, bush, democrat, economy, obama, paulson, republican

Bail Out? Why you ask I say yes and here’s why

November 11, 2008 By woburndem

What happens when your homes value falls to pre 1980 levels how many owe more then $45,000 on their primary residence what will you say to the bank then? What happens when the unemployment system runs out of money will you the worker … [Read more...]

Filed Under: User Tagged With: bailout, democrat, economy, labor, obama, paulson, veterans-day, wall-street

Frank, Pelosi, and the DC team should hire some new economics advisors, pronto

October 12, 2008 By justinian

Around the world, global leaders are huddling to determine the best steps to get out of the financial crisis. It's bad. If the Dow doesn't come back by December 31st, this year will mark its worst yearly slump since 1937. Millions of people … [Read more...]

Filed Under: User Tagged With: bailout, economy, paulson

Is Lending Really That Tight?

October 1, 2008 By lynne

The question we should be asking is, is our medias learning? Today brought a whole new perspective from the front lines of lending. At my weekly business networking meeting, I talked to a friend who is in the mortgage business. "Is it true … [Read more...]

Filed Under: User Tagged With: credit-crisis, paulson, stock-market

It’s Not a Fiscal Crisis – It’s a Constitutional One

September 22, 2008 By lynne

He also argues that giving Paulson this unprecedented dictatorial power over money and finance is a constitutional crisis in and of itself. It is a long post, but well worth the total read. You will feel like you have a bigger grasp of what … [Read more...]

Filed Under: User Tagged With: bailout, economics, paulson, wall-street

A Modest Proposal

March 31, 2008 By tedf

I have been reading the Department of the Treasury's Blueprint for a Modernized Financial Regulatory Structure. Much of it is sensible, and the focus on rationalizing the current hodgepodge of regulation and granting the Fed increased … [Read more...]

Filed Under: User Tagged With: cds, credit, derivatives, paulson, swaps, treasury

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