"Credit crisis is far from over, but rescue package has short-term relief for Main Street
I am so sick of the DAMN LYING!!!!
See: The Wall Street Bailout Bought America Nothing
Wall Street Bailout Did NOTHING for Americans
While Washington's financial rescue program may not cure the credit crunch or the foreclosure crisis, there are numerous palliatives for Main Street savers, taxpayers, and homeowners.
See:
U.S. Banks Driving Credit Crunch ON PURPOSE!!
Bush Administration Created Credit Crunch Crisis
Short-term relief is at hand, even if the stock market continues to be roiled and the possibility of a recession looms. The housing market won't rebound overnight. Private mortgages for investment properties, student loans, and auto and other installment borrowing will be harder to get until the credit crisis is resolved. Credit card fees and rates will continue to climb, while spending limits drop. All of this will compel Americans and other Western consumers to borrow less, which will contract the global economy.
There's a bright side: --more--"
Yes, I have about HAD IT with the LYING, AGENDA-PUSHING SHITTERS of the Boston Globe!!!
Also see: The Boston Globe Says a Depression Would Be a Good Idea
The Boston Globe Says Being Poor is Your Fault
Boston Business Benefits From Financial Failings
Boston Globe Says Financial Failures Are a Good Thing
They are fucking something, aren't they?
