Jamel

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  1. 1
    Posted 2009-03-02 02:52:15 on Opening Bell: 11.10.08

    The Emergency Economic Stabilization Act of 2008, commonly referred to as a bailout of the U.S. financial system, is a law enacted in response to the global financial crisis of 2008 authorizing the United States Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets, especially mortgage-backed securities, and make capital injections into banks. Both foreign and domestic banks are included in the bailout. The Federal Reserve also extended help to American Express, whose bank-holding application it recently approved.[3] The Act was proposed by Treasury Secretary Henry Paulson during the global financial crisis of 2008. Obama is promising some more cash in pocket for the average American, which is good, because more and more of us need cheap loans. He has inherited one of the shakiest economies perhaps in American history, and he's already making cheap loans to keep the economy afloat. It is good news, considering that the last President left office amidst a Wall Street collapse, and government cheap loans for billions that were spent on private jets and office remodels. To read more abut this article, checkout at: http://personalmoneystore.com/moneyblog/2009/02/24/obama-economy-cheap-loans/

  2. 2
    Posted 2009-03-02 02:28:04 on Return Of The Beard: Frank Versus The Beard

    Moments that we’ve shared, cannot be jotted down on paper, But nevertheless it was chemistry, not vapor, You walked into my life, and made the deepest mark, This ignited my fire, which gave birth to a spark, When you are here, I have the world with me, It is heaven; I wish it could be eternity, We walked side by side, Hand in hand, under the moonlight, http://www.indianchild.com/nisha.htm