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Government plans new credit, mortgage programs($800bn)
AP ^
| 11/25/08
| JEANNINE AVERSA
Posted on 11/25/2008 6:50:48 AM PST by TigerLikesRooster
Government plans new credit, mortgage programs
By JEANNINE AVERSA, AP Economics Writer 19 mins ago
WASHINGTON – The government introduced a pair of new programs Tuesday that will provide $800 billion to help unfreeze the market for consumer debt and to make mortgage loans cheaper and more available.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: 1984; 666; bailout; beast; bigbrother; bureau; bush; bushbailout; bushsellout; credit; creditrating; database; fed; federalreserve; fico; government; herewegoagain; mortgage; newworldorder; nwo; orwellian; redlining; sellout; socialism; socialist; surveillance; talf; thebeast; un
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To: TigerLikesRooster
Oddly, the story has changed since you posted it. Now there is no reference to mortgage programs, only consumer credit.
Damn it, and I need to refi before all hell breaks loose.
21
posted on
11/25/2008 8:46:51 AM PST
by
Semper911
(When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
To: silverleaf
"Dear God, what about our Constitution that specifies only Congress was authorized to spend our money?????" Specifically the House of Representatives. This is Pelosi's turkey all the way.
22
posted on
11/25/2008 8:47:28 AM PST
by
avacado
To: Heartland Mom
23
posted on
11/25/2008 9:15:08 AM PST
by
TenthAmendmentChampion
(The best thread on FreeRepublic is here: http://www.freerepublic.com/focus/chat/1990507/posts)
To: 3catsanadog
Make the loans cheaper and more available? Isn't this what got us into this mess in the first place? Yes, it's a "hair of the dog" solution - and it won't work.
24
posted on
11/25/2008 6:10:22 PM PST
by
GOPJ
(The CITI/ financial dike has sprung 500 leaks - we need an engineer - not more fingers.)
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