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To: Toddsterpatriot

That makes sense.


316 posted on 09/23/2008 9:52:04 AM PDT by 1rudeboy
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To: 1rudeboy; Toddsterpatriot
There sure are a lot of very strong opinions on the rescue plan, and very few facts.  What I've been able to get is

http://www.federalreserve.gov/newsevents/press/bcreg/20080922c.htm

and

http://www.federalreserve.gov/newsevents/testimony/bernanke20080923a1.htm

-- and some kind of buzz about a $700B fund for buying something that's needed to stabilize financial markets.   Somebody please share a link that explains

(1) what time frame?

(2) which agency buys? 

(3) exactly what is being bought?

(4) when is the whatever that's bought to be sold and how?

356 posted on 09/23/2008 6:39:38 PM PDT by expat_panama
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