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  • Geithner Says 'Continued Policy Support' Needed for Recovery 8 Nov 2009 00:37 GMT
    ... to recover from a financial and economic crisis that has pushed unemployment to its highest ... the broad backstop still in place for credit markets.” The Treasury secretary said the U.S. ... interventions to repair the banking system.” The Obama administration has proposed assessing banks after the fact, ...

  • Flu season deals a bad hand 8 Nov 2009 01:50 GMT
    ... little bit of it shows up. President Obama recently declared the outbreak a national health emergency, ... we holster them, at least until the crisis has passed. No handshaking, no high-fives, no ... blows over. Yes, we'll have to use credit cards instead, which is what got us ...

  • G-20 finance officials: Too early to end stimulus 8 Nov 2009 00:37 GMT
    ... rise, and the ultimate cost of the crisis will be greater," Geithner said. The statement ... to lay out its position. But the Obama administration has been preoccupied with prickly domestic issues ... repeating problems like huge trade deficits and credit-fueled consumption in the U.S., and massive trade ...

  • Too early to end stimulus: G20 8 Nov 2009 01:12 GMT
    ... rise, and the ultimate cost of the crisis will be greater,” Geithner said. The statement ... to lay out its position. But the Obama administration has been preoccupied with prickly domestic issues ... repeating problems like huge trade deficits and credit-fueled consumption in the US, and massive trade ...

  • Global Leveraged Speculation Upsurge, Financial Crisis Not Over 7 Nov 2009 22:18 GMT
    ... buy government debt, but debt consisting of mortgage securities, commercial paper and credit card debt ... for leveraged buyouts and commercial real estate. Obama recently approved a 2% salary increase for ... industry. In 2007, the Office of Federal Housing Enterprise Oversight hired him to investigate the problems ...

  • U.S. Budget Deficit Debt Crisis, Austrian, East European or Glide Option Solution? 7 Nov 2009 10:12 GMT
    ... perfect lifestyle. We did not regulate the mortgage markets. We ran large and growing government ... be allowed to go to waste. The Obama administration is wasting this one. How can ... this was a bubble that puts our housing bubble to shame. So, I understand the point ...

  • Internet post SUBPRIME. Muerte al neoliberalismo 7 Nov 2009 16:55 GMT
    ... políticos no entienden INTERNET. El presidente Barack Obama primer presidente DIGITAL. Ted Kennedy. Steve Jobs. El ... negocios superviviente de la bancarrota de la CRISIS SUBPRIME y algunos grandes especuladores, a pesar de ...

  • Obama signs bill extending US jobless benefits, homebuyer tax credit 7 Nov 2009 00:14 GMT
    ... Obama signs bill extending US jobless benefits, homebuyer tax credit WASHINGTON - President Barack Obama signed into ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis." Prolonging the ...

  • Obama 'Won't Rest' Until America Prosperous Again 7 Nov 2009 01:53 GMT
    ... employers shed another 190,000 jobs in October. Obama said job creation traditionally lags behind economic ... Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis." Prolonging the ...

  • Obama signs homebuyer, jobless bill assistance 7 Nov 2009 08:30 GMT
    ... employers shed another 190,000 jobs in October. Obama said job creation traditionally lags behind economic ... Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis." Prolonging the ...

  • Obama set to sign $24 billion stimulus bill 7 Nov 2009 13:30 GMT
    ... Obama set to sign $24 billion stimulus bill ... Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis.'' Prolonging the ...

  • Obama Signs Homebuyer, Jobless Aid Bill 7 Nov 2009 05:53 GMT
    ... (WASHINGTON) - President Barack Obama signed into law a $24 billion economic ... Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis." Download the ...

  • Obama to sign homebuyer, jobless bill assistance 7 Nov 2009 08:30 GMT
    ... "The truth is that long-term unemployment remains at its ... Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in ... help stop the continued downward spiral in housing prices caused by the foreclosure crisis." Prolonging the ...

  • WEEKLY ADDRESS: President Obama Says Recovery Act Creating Jobs and Strengthening Economy 7 Nov 2009 03:33 GMT
    ... – In this week’s address, President Barack Obama said that while times are still too difficult ... its conclusion. We’ve acted aggressively to jumpstart credit for families and businesses, including small businesses, ... you can’t afford health care or the mortgage, if you do not see in your ...

  • Obama taps long-time regulator to head SEC 7 Nov 2009 09:06 GMT
    ... Washington - President-elect Barack Obama vowed to restore confidence in the US ... for failing to foresee the massive financial crisis striking US banks. While Obama's first task ... financial industry. Risky investments in the US housing market were the key reason for the ...


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According to the White House, 650,000 jobs were created or saved by $150 billion in stimulus funds. Was it money well spent? (Oct. 30, 2009)



 

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