Word: bailouts
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...Senate is now trying to work into law a provision that would give people a $15,000 tax credit for buying a new home. This would substantially expand the cost of the bailout, if people are willing to take advantage of it. The average American who still bothers to read a newspaper is acutely aware that most signs point to a housing market which is still spiraling down, no matter what pending home sales numbers say. All of the "For Sale" signs in most neighborhoods and auctions of foreclosed properties are a sure indication that housing supply is still extremely...
...really important that our team members are still valued.' Wells Fargo spokeswoman MELISSA MURRAY, defending the company's decision to host a Las Vegas junket for employees despite criticism that it was misusing bailout funds...
...light of the current environment, we have now decided to cancel this event.' WELLS FARGO, in a press release following Murray's statement, saying it had never planned to use bailout money for the trip...
...make George W. Bush's debt-exploding tax cuts permanent. They say Democratic spending plans are full of pork--then they propose an extra $24 billion for the Army Corps of Engineers, the federal equivalent of Oscar Mayer. Let's just say their idea bank could use a bailout...
...recent weeks, the world has been politely standing by and watching how things play out with the fiscal stimulus and latest bank-bailout plans in Washington. Yes, there's been some grumbling overseas about "buy American" provisions in the stimulus bill, but for the most part, officials elsewhere don't want to step on the toes of a new President to whom they are favorably disposed. They also don't want to endanger legislation that they hope will help jump-start the global economy...