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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DECISIONS, DECISIONS

Decisions brought on this recession; will decisions get us out?

Bailout, layoff, unemployment rate, vacancy rate, bad loans, default, foreclosure, unlawful detainer, repossession, bankruptcy, loan modification—these are all words we hear far too often.

The recession, which began in December 2007, shifted into high gear in late 2008. The ...

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