Bailout Approved by Congress

Wednesday, February 11th, 2009

A breaking news alert from The New York Times stated that a deal compromise has been reached by the House and Senate.  The package pared back Democrats’ proposed spending on education and health in favor of tax cuts needed to win over Republicans.  I’ve not had a chance to read the final wording, but there’s probably […]

Bailout for the Big 3

Friday, December 19th, 2008

According to a breaking news alert from the New York Times, we, the taxpayers, once again are giving away our hard earned wages to another group of irresponsible people.  Rather than let the automakers pay the price for their greediness, we are giving them $17.4 billion.  This move is actually a dump job by Bush.  The conditions […]

Another Dow Jones Plunge

Thursday, October 9th, 2008

Today saw Wall Street take another big hit.  The Dow Jones was down around 200 points until the last hour of trading when it plunged for a total of 678.91 points.  Today the market closed with the Dow at 678.91 points.  A year ago today when the Dow was at it’s peak, it closed at […]