US President Bush Signs $700 Billion Bailout Into Law
U.S. President George W. Bush leaves the Treasury as Secretary of the Treasury Henry M. Paulson Jr. returns inside October 3, 2008 in Washington, DC. 3 October 2008
US President Bush has signed a bill into law which included the $700 billion bailout package for the financial industry.
The president signed the bill Friday afternoon shortly after the U.S. House approved the measure. On Monday the House voted down a similar rescue package.
He signed the bill after returning from the Treasury Department to thank employees for their hard work on the rescue package.
The president signed the bill Friday afternoon shortly after the U.S. House approved the measure. On Monday the House voted down a similar rescue package.
He signed the bill after returning from the Treasury Department to thank employees for their hard work on the rescue package.
Commentary:
As the whole scope of the economic crisis being helped by the passing of this bailout bill the answer is actually no, as well as helping the majority of American’s; it more appears they are on there own and in the long run the US will fly over Niagara Falls without the barrel.
As to seeing anything having to do with the bailout bill towards the measures mentioned within the bill, the outlook is over a year at best; it was reported.
As the whole scope of the economic crisis being helped by the passing of this bailout bill the answer is actually no, as well as helping the majority of American’s; it more appears they are on there own and in the long run the US will fly over Niagara Falls without the barrel. As to seeing anything having to do with the bailout bill towards the measures mentioned within the bill, the outlook is over a year at best; it was reported.
Labels: Bush, Depression, Economy, United States
posted by HRM Deborah of Israel and the Messenger of Peace at 1:44 AM
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