Interesting how the Bush Admin knew that without an instantaneous and massive bailout the whole US financial system would simply collapse. Yet what I saw was no more than a 10% drop in the stock market -- about 1000 points on a Dow up around 12,000. Lehman went bankrupt, Merrill Lynch got bought, AIG faltered. Supposedly many giant financial institutions were poised to fail, but who knows? How could the government really have know what was about to happen? After all, the one fact behind the whole housing crisis -- the one everyone seemed to agree on -- was that nobody seems to have had a clue where all the bad loans were being kept.
Americans are told that the consequences of inaction would have been dire. Other countries have even been advised to follow America's lead, shoring up their financial institutions with taxpayer money. As for the perils of such action? Later.
Here's the draft bailout proposal. Question: Why is it assumed to be so much better for the government to solve the housing crisis from the lender rather than the borrower side? We all have questions. And eight years' acquaintance with the Decider.
Yeah, absolutely true that the drug addiction is crime however the peoples are using different types of drug in form of alcohol. Now a day it is a very critical issue for us. Mostly the youngsters are doing these such types of things. I think it should be banned as soon as possible otherwise it may create so many problems for our coming generations. As we all knows that Interventions have been used to address serious personal problems, including, but not limited to, alcoholism, compulsive gambling, drug abuse, compulsive eating and other eating disorders, self-mutilation, tobacco smoking, "workaholism", and various types of poor personal health care.
ReplyDeleteInterventions have also been conducted due to personal habits not as frequently considered seriously harmful, such as video game addiction, excessive computer use and excessive television viewing. Great Post i look forward to reading more!
Sydney
Drug Intervention
Yeah, absolutely true that the drug addiction is crime however the peoples are using different types of drug in form of alcohol. Now a day it is a very critical issue for us. Mostly the youngsters are doing these such types of things. I think it should be banned as soon as possible otherwise it may create so many problems for our coming generations. As we all knows that Interventions have been used to address serious personal problems, including, but not limited to, alcoholism, compulsive gambling, drug abuse, compulsive eating and other eating disorders, self-mutilation, tobacco smoking, "workaholism", and various types of poor personal health care.
ReplyDeleteInterventions have also been conducted due to personal habits not as frequently considered seriously harmful, such as video game addiction, excessive computer use and excessive television viewing. Great Post i look forward to reading more!
Sydney
Drug Intervention
Yeah, absolutely true that the drug addiction is crime however the peoples are using different types of drug in form of alcohol. Now a day it is a very critical issue for us. Mostly the youngsters are doing these such types of things. I think it should be banned as soon as possible otherwise it may create so many problems for our coming generations. As we all knows that Interventions have been used to address serious personal problems, including, but not limited to, alcoholism, compulsive gambling, drug abuse, compulsive eating and other eating disorders, self-mutilation, tobacco smoking, "workaholism", and various types of poor personal health care.
ReplyDeleteInterventions have also been conducted due to personal habits not as frequently considered seriously harmful, such as video game addiction, excessive computer use and excessive television viewing. Great Post i look forward to reading more!
Sydney
Drug Intervention
Yeah, absolutely true that the drug addiction is crime however the peoples are using different types of drug in form of alcohol. Now a day it is a very critical issue for us. Mostly the youngsters are doing these such types of things. I think it should be banned as soon as possible otherwise it may create so many problems for our coming generations. As we all knows that Interventions have been used to address serious personal problems, including, but not limited to, alcoholism, compulsive gambling, drug abuse, compulsive eating and other eating disorders, self-mutilation, tobacco smoking, "workaholism", and various types of poor personal health care.
ReplyDeleteInterventions have also been conducted due to personal habits not as frequently considered seriously harmful, such as video game addiction, excessive computer use and excessive television viewing. Great Post i look forward to reading more!
Sydney
Drug Intervention