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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (452452)1/30/2009 11:33:51 AM
From: bentway  Read Replies (2) | Respond to of 1574540
 
Obama thinks bank losses will cost $2 trillion

Suzy Jagger in New York
President Obama is preparing to spend a further $2 trillion bailing out Wall Street as part of an ambitious plan to force America's financial institutions to resume lending.

Mr Obama, Tim Geithner, the Treasury Secretary, Ben Bernanke, the Chairman of the US Federal Reserve, and Sheila Bair, the head of the Federal Deposit Insurance Corp (FDIC), discussed plans at a meeting on Wednesday to increase the size of the Troubled Asset Relief Programme (Tarp) and buy or underwrite up to $2 trillion (£1.4 trillion) of bad Wall Street debts.

business.timesonline.co.uk



To: Tenchusatsu who wrote (452452)1/30/2009 1:06:15 PM
From: steve harris1 Recommendation  Read Replies (2) | Respond to of 1574540
 
Pelosi said the other day why abortion and "family planning" funding was in the Obama stimulus bill.

Message 25355988

usnews.com

"Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children's health, education and some of those elements are to help the states meet their financial needs. One of those - one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government."


So any time we can reduce the number of people dependent upon the govt, Pelosi is succeeding in her plan. A "Pelosi" is anytime we can help the welfare system can reduce costs...

Hitler would be proud of the socialist democrats' plans of killing unborn children, killing the elderly that are a burden - already legal in Oregon, killing unborn children to fund research into immortality...