Signals that the government’s not finished with its bailout plans — this time downstream stimulus. In testimony today before the House Budget Committee on Economic Recovery: Options and Challenges, Fed Chairman Ben Bernanke noted what direction Congress should take if it plans a fiscal stimulus package:
If the Congress proceeds with a fiscal package, it should consider including measures to help improve access to credit by consumers, homebuyers, businesses, and other borrowers. Such actions might be particularly effective at promoting economic growth and job creation.
The hearing with other witnesses is available live at http://budget.house.gov/schedule.shtml
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Bailout this Bailout that…Where does the money come from in the so called global financial crisis. Have you looked into who owns the U.S. debt? http://nomedals.blogspot.com
Differences in the McCain and Obama families:1. McCain graduated 894th in an 899 member class at the Naval Academy. Obama graduated with high honors in his Harvard Law class. 2. McCain married Cindy about one month after he broke up his first family. Obama, married once, close family.3. Cindy McCain, daughter of a rich beer distributor, has confessed an addiction to drugs and to stealing drugs. 4. Michelle Obama, Barack’s wife, from a poor family, has degrees from Princeton and Harvard Law School.
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