August 4, 2008 - Since I haven't taken an economic course in a very long time, I've been waiting for somebody, anybody, to take all of the current financial hubbub out of mumbo jumbo and translate it into words I can understand. And Reuters...
Filed under: subprime mortgages,
housing bubble,
Bush 3.9 billion,
3.9 billion,
Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke
July 23, 2008 - As always, when Bush says something succinct and kind of funny, the Republicans try to hide it.
That's right. Bush said that Wall Street got drunk, and now it's hung over. And it's waking up next to China. And in the morning light? Uh-uh, it do...
Filed under: George Bush Wall St hungover,
George Bush hungover,
Wall Street got drunk,
Wall St got drunk,
Wall St got a hangover,
Wall Street got a hangover,
George Bush Wall St got drunk,
George Bush Wall Street got drunk,
George Bush got drunk,
Bush Wall Street got drunk,
Bush Wall St got drunk,
Bush Wall St got a hangover,
Bush Wall Street got a hangover,
government bailout,
Freddie Fannie,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis
July 23, 2008 - President George W. Bush has always used simple, folksy language to summarize major issues, but never so personally as last Friday, when he was caught on tape at a Republican fundraiser talking about...
Filed under: George Bush Wall St hungover,
George Bush hungover,
Wall Street got drunk,
Wall St got drunk,
Wall St got a hangover,
Wall Street got a hangover,
George Bush Wall St got drunk,
George Bush Wall Street got drunk,
George Bush got drunk,
Bush Wall Street got drunk,
Bush Wall St got drunk,
Bush Wall St got a hangover,
Bush Wall Street got a hangover,
government bailout,
Freddie Fannie,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
July 23, 2008 - Glenn Beck draws insight from his affinity for drugs to create a metaphor for our economic crisis. From "Manual: Your World Today...
Filed under: Glenn Beck,
Glenn Beck drugs,
Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
July 23, 2008 - President Bush has caved on the housing crisis, finally agreeing to sign legislation to settle the turbulent housing market Wednesday, even though the bill helps poor people a little too much for the stock market's liking. The bill could become law as early as this week...
Filed under: subprime mortgages,
housing bubble,
Bush 3.9 billion,
3.9 billion,
Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke
July 16, 2008 - What more is there to say? Shopping alleviated our fears after 9/11, and turning down the air conditioning will eliminate the energy crunch. I know, let's only go shopping in stores that don't use air conditioning: outdoor markets, for example, or the trunk of an old Chevy...
Filed under: Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
July 15, 2008 - Tuesday, President Bush addressed the Fannie Mae and Freddie Mac crisis and the economy at large. In remarks to reporters, Bush endorsed the efforts of Fed chairman Ben Bernanke and Treasury Secretary Henry Paulson to curb an economic crisis set to rival Armageddon (the movie, considering an astero...
Filed under: Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
July 15, 2008 - President Bush braved a phalanx of annoyed reporters Tuesday at his first press conference since April, urging lawmakers to rescue floundering mortgage companies Freddie Mac and Fannie Mae and, if that doesn't fix the economy, approve offshore drilling.
President Bush stammered frequently...
Filed under: Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
July 14, 2008 - Now that the government has unveiled plans to bail out mortgage giants Fannie Mae and Freddie Mac, will they do the same for comedy giant Bernie Mac? After he opened for Barack Obama at a $2,300 a plate fundraiser and performed his menstruation and prostitution bits, Bernie Mac could...
Filed under: government bailout Freddie Fannie,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
July 11, 2008 - Perhaps no industry has been hit harder by our country's "mental recession" than the mortgage banks, and two in particular, Fannie Mae and...
Filed under: government bailout freddie fannie,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke,
Federal Reserve,
Business
March 18, 2008 - Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financial experts are saying following the collapse of Bear St...
January 22, 2008 - The Federal Reserve, some kind of weird bank that mysteriously manipulates American life, is freaking out that the U.S. (and hence, the world's) economy is in a tailspin. To counteract the slump, the Fedagain, the bank, not Britney's ex...