Automakers must meet new guidelines before receiving bailout money

March 30, 2009   Leave a Comment  

Obama said that carmakers like G.M. and Chrysler have come up with projections that do not qualify them to receive the billions of dollars for which they are asking.

Obama angry over AIG bonuses

March 16, 2009   2 Comments  

President Obama ordered treasury secretary Timothy Geithner Monday to take all legal action needed to stop the payment of nearly $165 million in bonuses handed out by AIG to its executives, according to IHT.

What would you do with $700 billion?

Sept. 25, 2008   8 Comments  

The 700 billion dollar bailout that the government is trying to get passed to save the economy is causing quite a stir from the people in the United States. Seven hundred billion dollars is a lot of money, and can do a lot of things.

So the real question is, what would you do with all that money?

Will the bailout cost us each $2k?

Sept. 22, 2008   Leave a Comment  

As the government prepares an economic bailout that could cust as much as $700 billion, one group calculates that American taxpayers and families will be left with the tab — despite what both candidates are saying about lowering taxes. WashingtonWatch.com‚ says American taxpayers could be hit with $2,000 and families with $6,500 in extra costs from [...]