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Tag Archives: Credit Crunch

A Solution That Works: How To Stop The Housing Crisis Today

A Common-Sense Plan to Stabilize the Markets, Stop The Death Spiral of Decreasing Property Values, Halt Foreclosures and Keep Americans In Their Homes
 
Download a PDF of the Plan!
President Bush signed into law the hotly-debated financial bailout plan on October 3, 2008. In doing so, the real problem was not solved. We need to keep homeowners [...]


Fed Makes Emergency Move to Stabilize Markets. Will It Help?

Fed’s Solution to Market Meltdown: Buy Up More Short-Term Debt
The Federal Reserve announced today that they will be invoking Depression-era powers to buy “commercial paper”, which it hopes will provide struggling companies with money to pay their bills.
In this action, the Fed basically becomes a source of credit for nonfinancial business, in addition to the traditional [...]


Markets Need More Than Random Acts of Congress Says Columnist Baum

Bloomberg columnist Caroline Baum, others believe latest legislation from Washington won’t be enough to heal financial markets.
Excellent Op-Ed piece that appeared this morning on Bloomberg.com from columnist Caroline Baum. Baum takes a look at why Friday’s “emergency” legislation won’t be enough to solve the continued economic issues we’re faced with. Baum trots out a number of alternative plans that never [...]


The Bailout Plan: $700 Billion and Markets Are Still Jittery

Will the Government Bailout Plan Work? Financial Markets Are Still Nervous, Should We Be? 
Interesting article from Yahoo and the Associated Press around the challenges still ahead, in spite of the $700 billion dollar banking bailout plan signed into law by the President today:
Bailout signed, now it’s wait and see its effects
From the article:
The immediate response to [...]


Read The Plan

A Common-Sense Plan to Stabilize the Markets, Stop The Death Spiral of Decreasing Property Values, Halt Foreclosures and Keep Americans In Their Homes
 Download a PDF of the Plan!
President Bush signed into law on October 3, 2008 the hotly-debated financial bailout plan, but in doing so, didn’t solve the real problem. We need to keep homeowners [...]