Blog entries tagged with "bailout"

WHAT’S THE GOVERNMENT CURRENTLY DOING TO HELP BRING US OUT OF THE RECESSION?

Although 115 banks have failed this year, the government decided against bailing out any more banks. Last years $700 billion taxpayer bailout of banks caused a political uproar. Instead Congress is encouraging banks to modify the terms of their loans. Congress is trying to extend the first-time homebuyers tax credit ...

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