Tuesday, October 7, 2008

Federal Reserve To Buy Huge Amounts Of Short-Term Debt

Well, it isn't over (sounds familiar?). The city is still putting their feet forward (or so they think; they're actually going two feet backward) and is coming up with yet another solution to the wobbly economy. This is just another plan that may or may not work. While Bush has signed the $700 billion financial bailout package into law on Friday, people are saying it's not enough. Too little, too late is what's running through a lot of peoples heads I guess. Even though this plan was beefed up to do so much more than the original.

No comments: