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« Debt - What do I do? | Main | Do you want to repay the banking industries failures? »

And down the spiral we go,.. $300,000,000,000 package passed

Well, and so begins the bail out. 

Here are some fabulous links to a Mortgage Guru that I trust and have a deep respect for his opinions:

http://www.azmortgageguru.com/30000000000000-rescue-package-passed/
http://www.azmortgageguru.com/indymac-goes-down/
http://www.azmortgageguru.com/am-i-crazy-or-are-we-headed-for-a-catastrophic-financial-meltdown/

The scary part is - we've seen this coming for MONTHS!  (the last article link was written in Feb 08) and only now do we see any action?

Just wanted to link my readers to even more detail,..  I am flat out amazed that this bill passed this morning, and no one put up a fuss (big surprise, no one knew,....)

Posted on July 12, 2008 at 10:48 AM in Current Affairs |

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