Submit your comments on this article |
Home Front Economy |
Paulson Asks Congress for Second $350 Billion of Rescue Package |
2008-12-21 |
Treasury Secretary Henry M. Paulson Jr. said yesterday that Congress must release the second half of the $700 billion financial rescue package, warning that emergency loans to the nation's automakers have all but depleted the funds available to stabilize the still-fragile financial markets. You pissed away the first half of it already? |
Posted by:Fred |
#4 SIGN OF THE RECESSION/DEPRESSION, WAFF > seems the USN desires to construct eight BLOCK III VIRGINIA-class SSNS for the fleet??? |
Posted by: JosephMendiola 2008-12-21 23:01 |
#3 “If Paulson asks for the extra rescue funds, Frank said he would draft legislation on mortgage mitigation…” You have to admit the Democrats sure are clever with their semantics. “Mortgage mitigation,” sure sounds a lot better then “rewarding irresponsible behavior” doesn’t it? |
Posted by: DepotGuy 2008-12-21 11:40 |
#2 NO! Paulson is committing the biggest flim flam scam in history. He can stuff it! |
Posted by: 3dc 2008-12-21 10:54 |
#1 So, you're saying making the loan to the nation's automakers has jeopardized the stabilization of the financial markets by taking money intended for the monetary market and putting it into failed businesses? I know a good team that took a bankrupt war torn country and installed both a viable economy and a vibrant [if colorful and perverse at times] democracy recently. You might want to look them up for some adult supervision to your problems [not that you will until it's really too late to salvage a lot and avoid even greater pain and agony]. |
Posted by: P2k on holiday 2008-12-21 07:59 |